Multiple Choice
Meryl is an avid doll collector and has been searching for the Beach Doll to complete her 200-piece collection. There were only 5 Beach Dolls created in the world. Meryl is envious of her neighbor Nancy, who has the first Beach Doll ever created. Nancy refuses to sell the doll because she thinks it will be worth a million dollars someday. While Nancy is on vacation, Meryl hires Alex to steal the doll from Nancy's home. Has an agency relationship been formed?
A) No, because the agreement must be in writing.
B) No, because the agreement has an illegal purpose.
C) No, because the amount or form of compensation was not contemplated.
D) Yes, because the agreement may be oral or in writing.
E) Yes, because Alex's objective was unambiguous.
Correct Answer:

Verified
Correct Answer:
Verified
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