AActs on behalf of another with that person's authority
BHolds a broker's license in New York State
COwns the property being sold
DPrepares the closing documents for a transaction
✓ Correct answer: A. Acts on behalf of another with that person's authorityAn agent is someone authorized to act on behalf of a principal. In real estate, licensees act as agents for buyers or sellers, but the defining characteristic is the authority granted to act for another.
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