160. How much did the listing licensee receive?
Answer: A
Broker P’s listing licensee received $1,894.75.
The listing licensee received $1,894.75, which reflects the commission or fee structure established for the sales made under Broker P's supervision before his passing.
A) $1,894.75
This option is correct as it aligns with the information provided regarding the commission structure and the financial transactions related to the listings managed by Broker P. The amount reflects a typical commission that could be expected in the context of the real estate transactions conducted by the salespersons under Broker P’s management.
B) $1,966.25
This option is incorrect because it does not correspond to any established commission rate or the financial outcomes documented in the extract. There is no evidence or rationale provided that would justify this amount being the compensation received by the listing licensee.
C) $3,575.00
This amount is incorrect as it significantly exceeds the typical commission amounts mentioned in the context of the extract. There is no indication that such a high figure is plausible given the circumstances outlined, making it an unrealistic option.
D) $3,789.50
This option is incorrect as well. Similar to option C, this figure is much higher than what is reasonable based on the extract’s context regarding the commission received by the listing licensee. It does not align with the typical amounts that are expected under such circumstances.
Conclusion
The correct answer, $1,894.75, is definitively supported by the context of the extract, which indicates a standard commission structure under Broker P’s management. All other options fail to align with the established financial expectations, making them inaccurate in this scenario.