Broker Peder listed the Kleins' property for sale under an exclusive-right-to-sell agreement. Today, Toby, one of Peder's salespeople, obtained a signed offer to purchase the property along with a certified check for 5 percent of the purchase price as earnest money. What should Toby do with the earnest money check?

A) Give it to the Kleins.
B) Hold it until closing.
C) Deposit the money in his personal account.
D) Give the money to Peder for deposit in the brokerage trust account.

Answer: D) Give the money to Peder for deposit in the brokerage trust account.