Which of the following is true regarding the form of authority upon which an agency relationship may be created?

Question

Quizplus · Accepted Answer

A)Agency relationships can be created on the basis of any of the following four forms of authority:
1.By expressed agency or agency by agreement.
2.By implied authority.
3.By apparent agency or agency by estoppel.
4.By ratification.
B)Agency relationships can be created on the basis of any of the following four forms of authority:
1.By expressed agency or agency by agreement.
2.By implied authority.
3.By apparent agency or agency by estoppel.
4.By ratification.
C)Agency relationships can be created on the basis of any of the following four forms of authority:
1.By expressed agency or agency by agreement.
2.By implied authority.
3.By apparent agency or agency by estoppel.
4.By ratification.
D)Agency relationships can be created on the basis of any of the following four forms of authority:
1.By expressed agency or agency by agreement.
2.By implied authority.
3.By apparent agency or agency by estoppel.
4.By ratification.
E)Agency relationships can be created on the basis of any of the following four forms of authority:

Which of the Following Is True Regarding the Form of Authority