The buyer breach the purchase and sale agreement and forfeited the earnest money deposit. Assuming that a typical listing agreement was used in no special expenses were incurred on the seller's behalf, what will happen to the earnest money deposit?

a. The entire deposit belongs to the listing brokerage.
b. The entire deposit belongs to the seller.
c. The deposit will be split evenly between the listing brokerage and the seller.
d. The deposit will be split evenly between listing Brokerage in the selling brokerage.

Answer: c. The deposit will be split evenly between the listing brokerage and the seller.