Step 1: Concept
Gibbs free energy change ($\Delta G$) determines the spontaneity and equilibrium of a process.
Step 2: Meaning
Vaporization is a phase change where liquid and gas exist together.
Step 3: Analysis
At the standard boiling point, the liquid and vapor phases are in equilibrium. For any system at equilibrium at constant temperature and pressure, the change in Gibbs free energy is zero.
Step 4: Conclusion
Thus, for the vaporization of a pure substance, $\Delta G$ is zero exactly at the boiling point.
Final Answer: (C)