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A broker acting as an agent for a principal has as much authority as:

Correct Answer

C) the broker chooses to take.

A broker can operate independently and supervise salespersons.

Answer Options
A
the principal actually or ostensibly confers upon them.
B
an attorney-in-fact.
C
the broker chooses to take.
D
they choose to accept as limited by the statute of frauds.
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