Agents are usually classified according to the nature of their relationship with their principals.
Correct Answer:
Verified
Q2: Agency is a type of contract and,
Q3: If minors are capable of properly carrying
Q4: When the agent informs the third party
Q5: A principal is not responsible to third
Q6: The authority of an agent to perform
Q8: It is often necessary or desirable for
Q9: A person who is delegated the authority
Q10: The legal document formally creating an agency
Q11: An agency by ratification results when a
Q12: A person who represents another is known
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