Commission for An Officer of Ajax Corporation

Can an officer of Ajax Corporation legally receive a commission for negotiating the purchase of the Smith Plant?

No, an officer of Ajax Corporation who is not a real estate licensee may not legally receive a commission for negotiating the purchase of the Smith Plant.

In many jurisdictions, including the United States, real estate commissions can only be paid to licensed real estate agents or brokers. Therefore, the officer would need a real estate license in order to legally receive a commission.

Additionally, even if the officer were to receive a commission, they would likely need to disclose it to Ajax Corporation. It is generally considered a conflict of interest for an employee to receive a commission or other payments related to their duties without disclosure.