The events listed that would terminate a brokerage relationship where a broker represented a seller are:
Broker is a person or a company whose work is to sell a company's products hence charge a commission for each product sold. He is like an intermediator between the company and the client.
An agency relationship creates a fiduciary duty owed by the agent to the principal, hence must act in the best interest of his principal at all times.
However, a brokerage relationship may be dissolved where the owner of an item is declared bankruptcy and also were transaction have been completed or closed.
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