A broker acting as an agent for a principal has as much authority as:

a. the principal actually or ostensibly confers upon them.
b. an attorney-in-fact.
c. the broker chooses to take.
d. they choose to accept as limited by the statute of frauds.

Answer: a. the principal actually or ostensibly confers upon them.

Business

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The means by which an organization will fulfill its purpose is referred to as its:

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