A Broker Was Part Owner of an Apartment Building Along

question 15

True/False

A broker was part owner of an apartment building along with two co-owners. When they decided to sell the broker was named as the listing agent. The broker thus held an agency by ratification.

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Definitions:

Federal System of Government

A form of governance where power is divided between a central (federal) government and individual state or provincial governments.

Charter of Rights and Freedoms

A foundational document in Canada that guarantees fundamental rights and freedoms to its citizens and residents.

Paramountcy

The principle that when a matter is addressed by both valid federal and provincial legislation and there is a conflict, the federal legislation takes precedence.

Supreme Court of Canada

The highest court in Canada, serving as the final appellate body in the Canadian legal system.