Question

Scott is trying to sell his home FSBO. The Bartells believe Scott's home could be their dream home, but they have been working with Melinda, a licensee, to find a new home. Melinda shows the Bartells the home, failing to disclose her status as an agent. They love Scott's home and want to buy it. Scott is not interested in any way, shape, or form in working with an agent. However, the Bartells have made an offer above his asking price and he can't refuse it over the Melinda issue. Which of the following describes the creation of this agency relationship?a. Written or expressedb. Ostensible Agencyc. Ratificationd. Implied

Answer 1

Answer:

The creation of this agency relationship can be describen as: c. Ratification

Explanation:

Agency by ratification is when someone aproves of somone's actions on his behalf after certain actions have occured. In this case Scott wants to sell his home, and so he wants to accept the offer he receives from the Bartells, even if the doesn't want to work with an agent he doesn't want to refuse the offer.