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Read the following scenario and select the correct statement below: Precious wa...

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Read the following scenario and select the correct statement below:

Precious wants to sell her car to Mandy for R 180 000. She asks her attorney to draft the contract of sale. Her attorney is willing to do so but requires a deposit of R15 000. After receiving the deposit of R15 000, the attorney drafts the contract of sale. Both Precious and Mandy are happy with the contract and sign it. The contract requires that Mandy pays the full purchase price of R180 000 into the attorneys’ trust account. After Mandy pays the R180 000 to the attorney, the car is then transferred to Mandy’s name. The contract of sale stipulates that Precious is responsible for all the legal costs. The attorney delivers the invoice to Precious for R 6500 in legal fees and R500 for expenses (telephone calls and postage).

How much is the total amount of money the attorney is entitled to?

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