In which type(s)of agency is the principal-agent relationship inferred from the conduct of the parties?
A)Expressed agency
B)Agency by estoppel
C)Implied agency
D)Agency by estoppel and implied agency,but not expressed agency
E)Expressed agency,agency by estoppel,and implied agency

Question

Quizplus · Accepted Answer

In an implied agency relationship,the agent has implied authority; that is,the relationship is inferred from the conduct of the parties.Consequently,the authority of the agent is implied on the basis of words and actions of the principal to the agent.

In Which Type(s)of Agency Is the Principal-Agent Relationship Inferred from the Conduct