By a Φ-algebra A, we mean an Archimedean lattice-ordered algebra over the real field R which has an identity element 1 that is a weak order unit. The Φ-algebras constitute the class of the title. It is shown that every ф-algebra is isomorphic to an algebra of continuous functions on a compact space X into the two-point compactification of the real line R, each of which is real-valued on an (open) everywhere dense subset of X. Under more restrictive assumptions on A, ropresentations of this sort have long been known. An (incomplete) history of them is given briefly in Section 2.
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