An agency can be created by:

Question

Quizplus · Accepted Answer

All of the above methods can create an agency. Apparent authority occurs when a principal holds another out as having the authority to act on their behalf, and others rely on that appearance of authority. Ratification occurs when a principal approves of an agent's previously unauthorized actions. An agency agreement is formed when both the principal and agent agree to create an agency relationship. Operation of law occurs when circumstances, such as emergencies or mental incapacity, justify the creation of an agency without the parties' express agreement.

An Agency Can Be Created By