menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 28: Relationship of Principal and Agent
  5. Question
    A Power Given as Security Creates a Relationship of Agency
Solved

A Power Given as Security Creates a Relationship of Agency

Question 57

Question 57

True/False

A power given as security creates a relationship of agency and actual authority.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: What is an independent contractor? Can an

Q17: Agents and principals have mutual fiduciary duties

Q40: As a general rule,a person may do

Q52: E-Sign specifically excludes:<br>A) all transactions covered by

Q53: An agent must act solely in the

Q54: A gratuitous agent is subject to the

Q55: The power of a gratuitous agent to

Q56: When is an agency relationship irrevocable?<br>A) It

Q60: Marcos, who is an agent for Peter,

Q61: If an agency is gratuitous, the principal

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines