Agency is a legal relationship in which
A) the principal acts on behalf of the agent.
B) the principal becomes personally liable for all actions of the agent.
C) a written contract must specify all authority of the agent.
D) the agent acts for or represents the principal by the principal's authority.
Correct Answer:
Verified
Q1: The principal's duties to the agent do
Q2: A principal is not liable for the
Q3: Under the doctrine of respondeat superior, an
Q4: When the principal intentionally or negligently causes
Q6: Partners act as agents for the partnership
Q7: A power of attorney need not be
Q8: A special type of power of attorney
Q9: An agent's duties to the principal include
A)
Q10: An apparent agency can be created by
Q11: An agency relationship may not be created
A)
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