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AgencyBroker_liabilityHARD

The legal doctrine that holds a Vermont broker liable for the actions of affiliated agents is:

Correct Answer

B) Respondeat superior

Respondeat superior means 'let the master answer.' It holds the broker vicariously liable for the acts of affiliated agents performed within the scope of their employment.

Answer Options
A
Caveat emptor
B
Respondeat superior
C
Lis pendens
D
Stare decisis

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Related Topics & Key Terms

Related Topics:

vicarious-liabilitybroker-supervisionscope-of-employment

Key Terms:

respondeat superiorbroker liablevicariousmaster-servant

Related Concepts

An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.

The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.

A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.

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