Contracts
In Florida, a listing agreement is most accurately classified as which type of contract?
AAn agreement to sell real estate
BA personal services employment contract authorizing the broker to procure a buyer
CA bilateral contract requiring the broker to find a buyer and the seller to pay commission
DBoth B and C✓ Correct
Explanation
A listing agreement is both a personal services contract (employing the broker to perform services) and a bilateral contract (both parties have obligations — the seller promises to pay commission if certain conditions are met, and the broker promises to make diligent efforts to find a buyer). Because it's a personal services contract, it terminates upon the death of the principal.
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