The duties that an agent owes a principal must be set forth in the express agency agreement.
Correct Answer:
Verified
Q2: Normally, employees who deal with third parties
Q7: Agency relationships do not commonly exist between
Q8: A n agency agreement cannot be implied
Q9: Any person can be a principal ,
Q10: An agent is empowered to perform legal
Q12: An agent is not empowered to bind
Q13: Because independent contractors control the details of
Q15: An agent must act to maximize the
Q16: All agency agreements must be in writing.
Q34: The agent must maintain separate accounts for
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