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Real Estate Agents Would Not Customarily Have the Authority to Enter

question 121

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Real estate agents would not customarily have the authority to enter into sales contracts for their clients.


Definitions:

Right to Cure

A legal concept allowing a party in breach of contract the opportunity to fix the violation within a specified period.

Nonconforming Tools

Equipment or tools that do not meet the specific standards or requirements set by a contract or regulation.

Notify

The act of informing someone about something, typically through a formal or official means.

Contract Price

The agreed amount of money one party pays another in exchange for goods, services, or fulfilling certain conditions outlined in a contract.

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