An agent had a listing on a home. The owner died prior to the expiration of the listing. A buyer had made an offer which had yet to be accepted when the owner died. Which of the following statements is correct? Select one: a. The death of the owner would terminate both the offer and the listing b. The offer would be terminated, but not the listing c. The offer would be terminated, but the listing would only be terminated if it were a non-exclusive listing d. The buyer who made the offer could sue to force the sale of the property and the agent would be entitled to the commissionAn investor required 10% return on his money. A property had gross annual income of $110,000, a vacancy rate of 4%, and operating expenses of $10,000. What would be the maximum price that the investor would pay for the property? Select one: a. $956,000 b. $960,000 c. $96,000 d. $98,800