Which of the following is an example of an agency created by necessity?
A) Adam is entrusted with Peter's property and finds it necessary to do something with it in order to preserve it.
B) Peter retrospectively affirms the authority of Adam.
C) Adam and Peter become partners in a partnership.
D) Peter appoints Adam under a general power of attorney to carry out a particular transaction on his behalf.
Correct Answer:
Verified
Q7: Which of the following is an example
Q8: A contract must exist between the agent
Q9: In what circumstances will Adam be a
Q10: In what circumstances will Peter be an
Q11: Authority that is conferred by the principal
Q13: Which of the following is NOT a
Q14: The law presumes that a spouse has
Q15: Where a principal,by words or conduct,creates the
Q16: Ratification by a principal of an unauthorised
Q17: Authority that is inferred from the conduct
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