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A Listing Agreement Providing a Real Estate Agent with an Exclusive

Question 5

Multiple Choice

A listing agreement providing a real estate agent with an exclusive right to sell property also contains a "no deal, no commission clause." If a potential purchaser is unable to obtain financing to complete the purchase after signing a contract:


A) the agent is entitled to a full commission from the seller.
B) the agent is not entitled to a commission from the seller.
C) the agent is entitled to a partial commission from the seller.
D) the agent is entitled to the "earnest money" paid to the seller.

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