During the course of a listing, Ben, a real estate broker, advanced the seller of the property $1,000 to cure a default, taking a promissory note against the seller’s anticipated proceeds from the sale. The listing agreement was modified to reflect the agreement for the seller to repay Ben this sum. The modified listing agreement gave Ben: Group of answer choices an agency by estoppel. an agency by ratification. an agency coupled with an interest. an ostensible agency.

icon
Related questions
Question
During the course of a listing, Ben, a real estate broker, advanced the seller of the property $1,000 to cure a default, taking a promissory note against the seller’s anticipated proceeds from the sale. The listing agreement was modified to reflect the agreement for the seller to repay Ben this sum. The modified listing agreement gave Ben:
Group of answer choices
an agency by estoppel.
an agency by ratification.
an agency coupled with an interest.
an ostensible agency.
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution