Contracts
A Rhode Island listing agreement is best described as:
AA purchase and sale agreement between buyer and seller
BAn employment contract between a seller and a real estate broker✓ Correct
CA lease between a landlord and tenant
DA deed conveying property to the broker
Explanation
A listing agreement is an employment contract between a seller (principal) and a real estate broker (agent). It authorizes the broker to act on the seller's behalf to market and sell the property and establishes the compensation terms.
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