Agency relationships arise in which of the following circumstances?
A) Each partner is an agent of the partnership.
B) Directors, officers, and employees of a corporation can be agents of the corporation for particular purposes.
C) Agency can only be created by express contract.
D) Agency can be created only by the principal telling someone that another person is their agent.
E) Agency can be created by actual authority or apparent authority.
Correct Answer:
Verified
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