Agency
In South Dakota, an agent who continues to act on behalf of a principal after the agency has been terminated is:
AActing within implied authority
BActing without authority and potentially exposing themselves to personal liability✓ Correct
CProtected by the broker's errors and omissions insurance
DOperating under a standard holdover provision
Explanation
When an agency relationship is terminated (by expiration, completion, or cancellation), the agent's authority to act on the principal's behalf ends. Continuing to act without authority creates an unauthorized agency situation and exposes the agent to personal liability for any resulting harm.
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