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John has secured a listing for the property at 123 Main Street. He is showing the property to a buyer customer. He has disclosed to the buyer that he represents the seller for this property. While showing the property, John notices a problem with the roof that he did not see when he listed the property. What should he do

Respuesta :

John should mention the problem to the buyer because it's a material fact.

What is the Law of Agency?

  • The legal connection between two parties in which one delegated to the other the power to act on their behalf is governed by agency law.
  • A person who represents another is referred to as an agent. The principal is the person who delegated authority to the agent.
  • The relationship between agents, principals, and other parties who work with them is also outlined under agency law.
  • The principle is responsible for the actions of the agent that are taken in accordance with the agent's authorization.
  • When the principal appoints someone as an agent through a contract or requests someone to supply something, an agency is established.
  • As a result, the agent's actions are equivalent to those of the principle, and the principal is liable for all of the agent's conduct.
  • A written contract established through the power of attorney is typically used to enforce this kind of agency.

Learn more about Law of Agency with the help of the given link:

https://brainly.com/question/14142269?referrer=searchResults

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