Rena employs James, a real estate broker, to find a buyer for her home for a price of at least $125,000. James has the actual implied authority to contract for the sale of Rena's home.

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Quizplus · Accepted Answer

James, as a real estate broker, typically has the authority to find a buyer and negotiate terms, but he does not have the implied authority to contractually bind Rena to a sale without her explicit consent.

Rena Employs James, a Real Estate Broker, to Find a Buyer