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

Verified
Correct Answer:
Verified
Q5: Whether an agency relationship has been created
Q25: An agency contract appointing the agent for
Q39: Victor negligently led Gus to believe that
Q40: As a general rule,a person may do
Q41: A _ is a written, formal appointment
Q42: E-Sign specifically excludes:<br>A) all transactions covered by
Q46: The agent may be subject to liability
Q48: A gratuitous agent is not subject to
Q57: A power given as security creates a
Q61: If an agency is gratuitous, the principal