The most common form of agency by necessity is the relationship between a real estate agent and his or her principal.

Name: The most common form of agency by necessity is the relationship between a real estate agent and his or her principal.
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Question

Quizplus · Accepted Answer

Agency by necessity usually arises in emergency situations where an agent must act beyond their authority to prevent significant loss to the principal, not in regular, planned relationships like that of a real estate agent and their principal.

The Most Common Form of Agency by Necessity Is the Relationship