Which of the following statements about agents and principals is not true?
A) Agreements between agents and principals must be in writing.
B) Agents usually have no further legal involvement once a contract is made.
C) The main role of an agent is to arrange and enter a contract on behalf of their principal with a third party.
D) Principals are legally bound by the authorised conduct of their agents.
Correct Answer:
Verified
Q1: When could an agent be liable to
Q2: Which of the following is not a
Q3: An agent who can conduct any activities
Q4: An agent has the duty:
A)to keep all
Q5: An agency can be created by:
A)apparent (ostensible)authority.
B)ratification.
C)agreement.
D)operation
Q7: Who am I? I am a case
Q8: The duty of an agent to act
Q9: The most important type of agency that
Q10: Gina is the finance manager for Euro
Q11: Which of the following statements concerning mercantile
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