An agency relationship created when the principal acts such that third parties reasonably conclude that an agency relationship exists is legally described as an agency by ratification.
Correct Answer:
Verified
Q52: When the agent has acted outside the
Q53: The individual who permits another to act
Q54: In both agency by estoppel and agency
Q55: Partners in a partnership are agents and
Q56: The law of agency is derived largely
Q58: A large land developer granted Kyrie authorization
Q59: Agency relationships generated difficult complications resulting from
Q60: The onus is on outsiders to inquire
Q61: Identify each type of agency authority and
Q62: An agent is bound by a fiduciary
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