Subagents work for the agent and owe duties to:
A) only the agent
B) only the principal
C) both the agent and the principal
D) no one
E) none of the other choices are correct
Correct Answer:
Verified
Q174: For an agency to be valid in
Q175: An agency may be established by:
A) operation
Q176: Many states require agencies that will exist
Q177: To establish an agency relationship:
A) the procedure
Q178: A legal document that establishes some agency
Q180: In most states, which agencies must be
Q181: _ takes place when the principal behaves
Q182: Ratification of an agreement that is required
Q183: _ is when an agency is created
Q184: To ratify an agreement a principal must
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