Agency
What is 'apparent authority' in Oregon agency law?
AAuthority that is clearly written in the agency agreement
BAuthority that a third party reasonably believes an agent has based on the principal's conduct, even if it wasn't explicitly granted✓ Correct
CAuthority given to the agent for emergency situations only
DThe authority an agent has to list a property
Explanation
Apparent authority arises when the principal's conduct leads a third party to reasonably believe the agent has authority to act on the principal's behalf, even though that specific authority was never explicitly granted. Principals can be bound by agents acting within their apparent authority. Oregon courts recognize apparent authority as a basis for binding principals to agent actions.
Related Oregon Agency Questions
- When does an Oregon listing agency agreement typically terminate?
- In Oregon, what does 'scope of authority' mean in the context of a buyer's agency agreement?
- In Oregon, the agency disclosure form required by ORS 696.820 must be provided:
- In Oregon, the initial agency disclosure form must be provided to a consumer:
- An Oregon seller instructs their listing agent to tell buyers the roof is only 5 years old when the seller knows it is 15 years old. The agent should:
- In Oregon, a principal broker in a firm where two brokers represent opposite sides of the same transaction should:
- A 'transaction broker' in states that recognize the role is a licensee who:
- In Oregon, when does a buyer's agency agreement typically obligate a buyer to pay the buyer's broker a commission?
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →