A seller’s agent has earned his commission when:
- he produces a buyer who signs a contract but later backs out
- he produces a buyer who signs a contract and the entire deal goes through.
- Only b.
- Both a and b.
The answer is D – even if a buyer backs out, the agent has done the job he promised to do. Of course, the agent may have to take legal action to get a commission in the scenario described by choice b.