Representations of rank 3 algebras

The class of rank 3 algebras includes the Jordan algebra of a symmetric bilinear form, the trace zero elements of a Jordan algebra of degree 3, pseudo-composition algebras, certain algebras that arise in the study of Riccati differential equations, as well as many other algebras. We investigate the representations of rank 3 algebras and show under some conditions on the eigenspaces of the left multiplication operator determined by an idempotent element that the finite-dimensional irreducible representations are all one-dimensional.