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10 Cards in this Set

  • Front
  • Back
Do agency relationships operate in the business world
true
Is the term FIDUCIATARY at the heat of agency law?

True



Can intent be expressed only by words?



False
Can an agency agreement be implied by the conduct?

Can an agency relationship that is against public policy be enforceable?

What is principal?
the party who employs another person to act on his or her behalf
What is agency?
the party who agrees to act on behalf of another
Would an agent salesperson bind the owner of the store when she makes a sale?

What is an agency by agreement?

What is an agency by operation of law?