Agency relationships can be formed without agreement by

Question

Quizplus · Accepted Answer

An agency relationship can be formed through estoppel when a third party relies on the actions and representations of the supposed agent, even if no actual agreement exists between the principal and agent. Ratification occurs when a principal explicitly or implicitly approves an unauthorized act carried out by someone as though they were their agent. Both of these methods can create an agency relationship without an initial agreement between the parties.

Agency Relationships Can Be Formed Without Agreement by