Contracts
In Missouri, a real estate agent's authority to sign a contract on behalf of a client requires:
AVerbal authorization
BA written power of attorney✓ Correct
CMREC approval
DNo authorization if the agent is the listing agent
Explanation
Under Missouri's equal dignities rule, authorization for an agent to execute real estate contracts on behalf of a principal must be in writing (a written power of attorney), since the contract itself must be in writing.
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