Robert has agreed to act as an agent for Jill. Which of the following scenarios requires the agency agreement be in writing?
A) Robert is given power of attorney.
B) Robert is given authority to make business calls on Jill's behalf.
C) Robert is given authority to read Jill's mail.
D) Agency agreements are never required to be in writing.
E) All agency agreements must be in writing.

Question

Quizplus · Accepted Answer

When Robert is given power of attorney, it means he is legally authorized to act on Jill's behalf in a wide range of legal and financial matters. This type of agency agreement must be in writing to be legally valid and enforceable.

Robert Has Agreed to Act as an Agent for Jill