This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
A contract of real estate brokers on their principal's part to sell property for $35,500, payable $10,000 in cash, and balance to be arranged to the satisfaction of the owners, is enforceable against the principal, not being an agreement to sell on credit, which the brokers were not authorized to make. Kemper v. Gans (87 Ark. 221), 111 S. W. 1123; rehearing denied, 112 S. W. 1087.
 
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