A key element of an agency relationship is:
A) an agent's ability to transact business for the principal
B) any relationship established for the sale of land be an oral contract
C) the principal acts for the benefit of the agent
D) a commitment for at least one year, to show intent to bind the parties to the agency relationship
E) none of the other choices
Correct Answer:
Verified
Q205: An agency through operation of law is
Q206: If an agent claims to have authority
Q207: The authority given by the principal to
Q208: _ is the authority given by the
Q209: Which of the following determines the scope
Q211: Suppose a hurricane is going to hit
Q212: The scope of an agent's authority is
Q213: When you go on vacation you give
Q214: The authority given by the principal to
Q215: When you go on vacation you give
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents