Multiple Choice
Which of the following is an incorrect statement regarding the creation of an agency relationship?
A) Agency relationships can be created by informal oral agreements.
B) Agency relationships can be created by formal written contracts.
C) Under the statute of frauds, some states require that all agency contracts be in writing.
D) An agency agreement must be filed with the secretary of state in the state where the agreement is executed.
Correct Answer:
Verified
Correct Answer:
Verified
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