Question

1 pts Question 3 An owner lists a property with Broker A. Prospective buyer is found by another Broker B. Broker B is a:

Answer 1

(Q) An owner lists a property with Broker A. Prospective buyer is found by other Broker B. Broker B is a:

(Ans) : Cooperating agent Or Cooperating Brocker

• A Cooperating Agent is real-estate broker who finds a buyer for a property and initiates a negotiation for a share of the commission with another broker. He/she is the agent who locates a buyer for the property and represents the buyer's interests during negotiation (while the listing agent represents the seller). The listing broker typically splits the commission earned on the sale with the cooperating broker.

(Q) What is the probability that two randomly selected 40 year old male will live to be 41 years of age ?

(Ans) : The probability that two randomly selected 40 year old male will live to be 41 years of age is (0, 99855)(0.99885)=0.99710, 99.71% probability

• The probability that a randomly selected 40-year-old female will live to be 41 years old is 0.99855 according to the National Vital Statistics Report. Therefore the probability that two randomly selected 40-year old females will live to be 41 years old is (0.99855)^2 = 0.9971 or 99.71%.