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AgencyBroker_liabilityHARD

Under Wisconsin law, a broker's vicarious liability means:

Correct Answer

B) The supervising broker can be held liable for the acts of affiliated licensees performed within the scope of their brokerage activities

Under respondeat superior, Wisconsin supervising brokers are vicariously liable for the actions of their affiliated licensees when those actions are performed in the course of brokerage business.

Answer Options
A
The broker is never liable for agents' actions
B
The supervising broker can be held liable for the acts of affiliated licensees performed within the scope of their brokerage activities
C
Only the agent is responsible
D
Clients are liable for agent errors

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Related Topics & Key Terms

Related Topics:

respondeat superiorbroker supervisionChapter 452REEB 17agency liability

Key Terms:

vicarious liabilityrespondeat superiorsupervising brokerscope of employmentbroker supervision
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