An agent is empowered to perform legal acts that are binding on the principal.
Correct Answer:
Verified
Q2: Normally, employees who deal with third parties
Q5: Ratification is the affirmation of a previously
Q7: Agency relationships do not commonly exist between
Q8: A n agency agreement cannot be implied
Q9: Any person can be a principal ,
Q11: The duties that an agent owes a
Q12: An agent is not empowered to bind
Q13: Because independent contractors control the details of
Q15: An agent must act to maximize the
Q34: The agent must maintain separate accounts for
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