Contracts
A North Dakota listing agreement is a contract between the:
ABuyer and seller
BSeller and the employing broker (brokerage)✓ Correct
CSeller and the individual agent
DBuyer and the individual agent
Explanation
A listing agreement is a contract between the property owner (seller) and the employing broker/brokerage, not the individual agent. The broker is the party that holds the license to operate a brokerage and is the principal in the agency relationship.
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