A property is not listed for sale. A person who wants the property executes an offer to purchase it through a real estate agent and gives the broker a $5,000 check as a deposit. The broker:
a. can accept the check in behalf of the property owner provided he presents the offer directly to the seller as the sellers agent.
b. cannot accept the check.
c. can accept the check as the exclusive agent of the buyer.
d. none of the above.
Answer: c. can accept the check as the exclusive agent of the buyer.
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