Agency
In North Dakota, which of the following terminates a listing agreement?
AThe broker finding a ready, willing, and able buyer
BExpiration of the listing period without a sale✓ Correct
CThe seller receiving an offer below asking price
DThe broker advertising the property
Explanation
A listing agreement terminates upon the expiration of its stated term without a sale, along with other events such as sale of the property, mutual agreement, death/incapacity of a party, or destruction of the property.
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