An agent obtained a six month listing on a house at a 7% commission. One month after obtaining the listing the property was totally destroyed by fire. In regards to the broker's listing the broker should:
A. Change the advertising to read "vacant lot".
B. Not show the house until it is rebuilt.
C. Do nothing since the agency has been terminated.
D. File a claim with the owner's insurance company for the commission.
Answer: C. Do nothing since the agency has been terminated.
Business
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