____ is when an agency is created because the actions of the principal may lead one to reasonably believe that the presumed agent has the authority to act for the principal.

Question

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This type of agency arises when a principal creates the appearance of an agency relationship with a third party, causing the third party to reasonably believe that the presumed agent has the authority to act for the principal. The principal can be held liable for the actions of the presumed agent in such cases.

____ Is When an Agency Is Created Because the Actions