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.
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Related Topics & Key Terms
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Related Concepts
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
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