Agency
In Alaska, a listing agent may be authorized by the seller to accept offers on the seller's behalf under which type of authority?
AImplied authority only
BApparent authority only
CExpress authority specifically granted in the listing agreement✓ Correct
DStatutory authority under Alaska's agency law
Explanation
Authority to accept offers on behalf of the seller must be expressly granted in the listing agreement. Without this explicit grant, the listing agent can only receive and present offers — the seller must personally accept or reject them. Most standard listing agreements do not give agents authority to accept offers.
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