Matthew employs a real estate agent to sell his house for $10 million. The agent later learns that the house is rumored to be haunted and that brings down the value of the house to about $5 million. The agency terminates because of ________.

Question

Quizplus · Accepted Answer

The termination is due to an unusual change in circumstances, specifically the discovery that the house is rumored to be haunted, which significantly affects its value. This is not an act of the parties, an impossibility of performance, or the operation of law.

Matthew Employs a Real Estate Agent to Sell His House