Simon makes an earnest money deposit on a property and signs a contract that is contingent on specific financing terms. Even though a bank has committed to the financing, Simon notifies the seller in writing that he does not intend to buy the property. Which of the following statements is correct? X Select one: d. The bank may sue Simon b. The seller may sue Simon for breach of contract O C. Simon may rescind the contract only if he pays a broker fee d. Simon is entitled to the return of his earnest money deposit