Property Management
A property manager in Salem, Oregon signs a lease on behalf of an owner without authority. This is an example of:
ARatified agency
BExpressed authority
CAn act in excess of the property manager's authority✓ Correct
DApparent authority
Explanation
If a property manager signs a lease without authorization from the property owner, they have exceeded their actual authority. The owner may void the lease unless they ratify it.
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