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Business Law II Ch. 33- Agency Formation and Duties Professor Shane J. Egan Name Date 5....

Question:

Business Law II Ch. 33- Agency Formation and Duties Professor Shane J. Egan Name Date
5. An agency formed by making a written or oral agreement which clearly defines the scope of the relationship is known as an
Business Law II Ch. 33- Agency Formation and Duties Professor Shane J. Egan Name Date
5. An agency formed by making a written or oral agreement which clearly defines the scope of the relationship is known as an 6. ( True False) An agency formed by implication through the conduct of the parties is known as an Agency by estoppel 7. (True False) Agency by implied authority can conflict with any express authority. 8. An agency in which an individual misrepresents herself as an agent for another party and the principal later accepts or ratifies the unauthorized act is known as 9. A Power of Attorney (POA) survives a principal's incapacity. 10. When an employer hires someone and exhibits control over the time, place and manner of their performance this type of relationship is created 11. When an employer hires someone to perform a job/project and does not exhibit day-to-day control over their activities this type of relationship is created 12. According to the duty of , an agent must follow the lawful instruction of the principal. 13. (True False) The duty of loyalty is a duty an agent owes to a principal. 14. (True False) The principal has a duty to provide safe working conditions for the agent.

Answers

Hi,

As HOMEWORKLIB's guidelines to Expert answerer-

Answer the first 4 sub
parts, unless the student
has asked for specific subpart(s) to be answered,
subject to a max. of 4 sub parts

Ans.

5.Special Agency.

6.True.

7.True.

8.Agency by Ratification.

.

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