
Agents can collect payoffs made during the course of conducting the principal's business.
Correct Answer:
Verified
Q17: Ratification requires full knowledge of the transaction.
Q18: Express authority must be in writing.
Q19: An agency contract must be evidenced by
Q20: There is no liability of employers for
Q21: Agents are liable to principals for negligence
Q23: A gratuitous agency is void.
Q24: Unless protected by a statute,an agent for
Q25: Public notice of termination of an agent
Q26: Principals and agents have a fiduciary relationship.
Q27: Apparent authority ends when an agent is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents