Agency
Which of the following would terminate an agency relationship in Louisiana?
AThe agent finding a ready, willing, and able buyer
BExpiration of the listing agreement✓ Correct
CThe buyer making a low offer
DThe seller reducing the asking price
Explanation
Expiration of the listing agreement is one of the ways an agency relationship terminates by operation of law. Finding a buyer fulfills the agency purpose but does not itself terminate the relationship.
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