Agency
What is vicarious liability in real estate brokerage?
AThe agent's liability for the principal's actions
BThe broker's liability for the acts of their salespersons within the scope of employment✓ Correct
CA type of malpractice insurance
DLiability for actions taken before licensure
Explanation
Vicarious liability (respondeat superior) makes a broker responsible for the acts of their salespersons performed within the scope of their agency. This is why Ohio brokers must supervise their licensees and maintain proper oversight.
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