Agency
Which of the following best describes ostensible agency?
AAn agency created by a written contract
BAn agency implied by the conduct or statements of the principal to a third party✓ Correct
CAn agent appointed by the court
DAgency created by the broker's MLS membership
Explanation
Ostensible (apparent) agency arises when a principal's conduct or statements lead a third party to reasonably believe an agency relationship exists, even without an express agreement.
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