Unit 3 Milestone - 9

JPG

School

American Public University *

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Course

BUSN311

Subject

Law

Date

Jan 9, 2024

Type

JPG

Pages

Uploaded by streetmod28

Frida hires Gwen, a real estate broker, to find a buyer for her home. Real estate brokers only have the authority to execute a purchase and sale agreement if expressly given it, and Gwen is not given express authority by Frida. Nevertheless, a young couple is thrilled when they and Gwen sign a purchase and sale agreement for Frida's house, which is their dream home. Is Frida liable for the purchase and sale agreement? No, Frida is not liable. @ O O Yes, due to apparent authority. O Yes, due to express authority. O Yes, due to implied authority. RATIONALE Gwen, as a broker, did not have authority to execute the agreement in the absence of express authority from Frida, which she did not have.

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Unit 3 Milestone - 9

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