Usually one cannot serve as the principal for both parties to a transaction; however,agents may consent to such a dual role if the parties are both fully informed.
Correct Answer:
Verified
Q2: A substantial change in market values or
Q4: An agency can never be oral.
Q6: Independent contractors:
A)are under the control of their
Q7: Agents who are under the control of
Q7: An agency relationship:
A) exists only when it
Q8: Unless the circumstances of the relationship suggest
Q11: Most agency rules spring from:
A) customary law.
B)
Q13: A person has the capacity to act
Q15: An agency relationship arises when the agent
Q20: An agency relationship results from any indication
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