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AgencyBroker_liabilityHARD

What does the legal doctrine of respondeat superior mean in the context of Oklahoma real estate?

Correct Answer

B) A broker may be held vicariously liable for the wrongful acts of their affiliated licensees

Respondeat superior is a Latin legal doctrine meaning 'let the master answer.' In Oklahoma real estate, it means that a broker can be held vicariously liable for the wrongful or negligent acts committed by their affiliated licensees (sales associates) while acting within the scope of their employment or agency relationship.

Answer Options
A
The buyer is always presumed to be acting in good faith
B
A broker may be held vicariously liable for the wrongful acts of their affiliated licensees
C
A sales associate acts on behalf of the broker in all matters
D
OREC oversees all disciplinary proceedings against licensees

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Related Topics & Key Terms

Related Topics:

broker supervisionvicarious liabilitybroker-licensee relationshipE&O insurancescope of employment

Key Terms:

respondeat superiorvicarious liabilitybroker liabilitysupervisionscope of employment
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