Easy Corp. is a real estate developer and regularly engages
real estate brokers to act on its behalf in acquiring parcels of land.
The brokers are authorized to enter into such contracts, but are
instructed to do so in their own names without disclosing Easy’s
identity or relationship to the transaction. If a broker enters into
a contract with a seller on Easy’s behalf,

The broker will have the same actual authority as if
Easy’s identity has been disclosed.Easy will be bound by the contract because of the broker’s
apparent authority.Easy will not be liable for any negligent acts committed
by the broker while acting on Easy’s behalf.The broker will not be personally bound by the contract
because the broker has express authority to act.