Multiple Choice
Which of the following is correct with regard to the capacity of an agent?
A) The incapacity of the agent disqualifies him from making a contract that is binding on his principal.
B) No mental capacity is necessary for an agent.
C) If an incompetent person who is not under guardianship appoints an agent, contracts made by that agent are voidable.
D) A young child or a person under guardianship has the capacity to act as an agent.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Because the authority given to an agent
Q9: a.Explain how an agency relationship comes to
Q10: A(n) _ is a person in a
Q10: Agency relationships are governed primarily by federal
Q11: Victor negligently led Gus to believe that
Q12: A gratuitous agency is not a true
Q15: An agent has breached his fiduciary duty
Q16: Which of the following is NOT a
Q17: The appointment of an agent by a
Q18: The result of an agent's functioning is