A broker acting as an agent for a principal has as much authority as:
Correct Answer
A) the principal actually or ostensibly confers upon them.
California Civil Code §2315 explicitly states that an agent has such authority as the principal actually or ostensibly confers upon them, making the scope of authority entirely dependent on the principal's grant. This is the foundational rule of agency authority in California law — the principal controls the scope of the agent's power, whether through express authorization, implied authorization arising from the nature of the task, or ostensible authority created by the principal's conduct toward third parties. The broker cannot unilaterally expand their own authority beyond what the principal has conferred.
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