Agency

Apparent authority of an agent arises from:

AExpress authorization in the listing agreement
BThe principal's conduct that leads third parties to reasonably believe the agent has authority✓ Correct
CGREC rules establishing agent powers
DThe agent's license classification

Explanation

Apparent authority exists when the principal's words or conduct lead a third party to reasonably believe the agent has authority to act, even if no actual authority was granted.

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