Agency
A buyer's agent who submits a buyer's offer without authorization for a property that turns out to be worth far more may be liable for:
ANothing, as they were acting as instructed
BBreach of the duty of reasonable care if the agent knew or should have known material facts affecting the property's value✓ Correct
CSpecific performance
DCriminal misrepresentation
Explanation
Agents owe a duty of reasonable care to their clients. If an agent fails to perform adequate due diligence (researching property value, reviewing disclosures) and the client is harmed as a result, the agent may be liable for breach of that duty.
Related Arkansas Agency Questions
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