The _________ is an employment contract.

An employment contract is fundamentally an agreement between an employer and an employee that outlines the terms of employment, including job responsibilities, compensation, and other rights and obligations. In this context, both a listing agreement and a buyer-representation agreement can be considered forms of employment contracts within real estate.

A listing agreement typically involves a real estate agent agreeing to represent a seller in the sale of a property, establishing a contractual relationship where the agent earns a commission for successfully facilitating the sale. This arrangement reflects the characteristics of an employment contract.

Similarly, a buyer-representation agreement establishes a contractual relationship between a real estate agent and a buyer, where the agent agrees to assist the buyer in finding and purchasing a property. This contract also encompasses obligations akin to those found in employment contracts, thereby qualifying it as such.

Consequently, both options involve agreements that embody the elements of an employment contract in a real estate context, justifying the selection that includes both types of agreements as correct examples.