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In this chapter we learned about some basic agency principles and specific rules governing real estate agents. We also covered Implied Express Agency and Ostensible

In this chapter we learned about some basic agency principles and specific rules governing real estate agents. We also covered Implied Express Agency and Ostensible Agency.

(1) In no more than two to three sentences, discuss how or why a third party might be unfairly treated if a purported principal was not bound by an ostensible agency.

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