What is the primary purpose of an agent in a principal-agent relationship?
A) protect the principal from legal liability
B) conduct business on behalf of the principal
C) enter into contracts with the principal
D) operate as a partner with the principal
E) maintain the principal's status quo
Correct Answer:
Verified
Q82: A _ power of attorney limits the
Q83: Someone who is authorized to act on
Q84: A party who employs another person to
Q85: Which of the following agency agreements gives
Q86: Authority that a third party may reasonably
Q88: The legal rule of _ knowledge means
Q89: An agent negotiates a contract with a
Q90: The death of either the principal or
Q91: In a power of attorney relationship,the agent
Q92: An express agency requires:
A) a written agreement
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