Which of the following agency relationships is formed when a principal leads a third party to believe that a certain person is acting as an agent for the principal?
A) expressed agency
B) agency by implied authority
C) agency through ratification
D) agency by estoppel
Correct Answer:
Verified
Q18: Expressed authority arises out of .
A) prior
Q19: Discuss the various types of agency relationships.
Q20: The employer-employee agency relationship is the only
Q21: Explain the authority granted to an agent
Q22: Amy writes a letter to Bill requesting
Q24: Which of the following is a condition
Q25: Richard wants to purchase Maria's farm. Maria
Q26: Agency agreements that will last up to
Q27: Unless the agency contract says otherwise, courts
Q28: An agency relationship formed through oral agreement
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents