North Carolina Real Estate Commission Rules include which of the following requirements regarding agency contracts?
I. A listing agreement may be oral provided it is express and is reduced to writing and signed by the broker and the seller no later than the time the property is shown to a prospective purchaser.
II. A buyer agency agreement may be oral provided it is express and is reduced to writing and signed by the broker and the buyer within three (3) days of the oral agreement.
a) I only
b) II only
c) Both I and II
d) Neither I nor II