Multiple Choice
Which of the following statements is true of contracts of agency?
A) The legal requirements to be an agent are the same in all states.
B) Corporations cannot act as agents in contracts of agency.
C) Every agent must possess a valid license authorizing the agent to act as one.
D) All people legally competent to act for themselves may act through an agent.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Can anyone become an agent? Explain
Q11: A(n)is one authorized to carry out all
Q12: The general principles of law pertaining to
Q13: Which of the following statements best defines
Q14: Which of the following tasks cannot be
Q16: The creation of an agency may be
Q17: One who contracts with an independent contractor
Q18: An assumed agent who acted without actual
Q19: A special agent is one who is
Q20: A contract negotiated by an agent usually