Contracts
A listing agreement in Idaho is BEST described as:
AA bilateral contract between the seller and buyer
BA unilateral contract where only the seller has obligations
CAn employment contract between the seller and broker✓ Correct
DAn option to purchase the property
Explanation
A listing agreement is an employment contract between the property owner (seller) and the broker, authorizing the broker to act as the seller's agent to find a buyer. Both parties have obligations, making it a bilateral contract.
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