The legal document formally creating an agency is called a:
A) general contract.
B) power of attorney.
C) deed.
D) guaranty.
Correct Answer:
Verified
Q5: A principal is not responsible to third
Q6: The authority of an agent to perform
Q7: Agents are usually classified according to the
Q8: It is often necessary or desirable for
Q9: A person who is delegated the authority
Q11: An agency by ratification results when a
Q12: A person who represents another is known
Q13: Anyone who is legally competent to act
Q14: A principal must pay the agent the
Q15: An agency by invention is created when
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