Why is this the correct answer: Usted esta en la lista and not Usted estas en la lista?
Usted is formal singular while Ustedes is plural. We'd say "Ustedes están en la lista" if we were referring to a group of people, where in this example it seems we're only referring one person.
yes, as R'Shaun was saying, in other words, usted is a formal you, (formal tú) but we conjugate the verb as if it was él/ella (not tú), so, with estar, it goes:
I hope this helps.
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