Which of the Following Is a False Statement Regarding the Agency

Multiple Choice

Which of the following is a false statement regarding the agency relationship?

A) It is a consensual relationship.
B) It may be formed by a formal written contract.
C) It may be formed by an informal oral agreement.
D) It can be created only for a lawful purpose.
E) As a universal rule,a person must be trained in the area of specialty involved in the agency relationship in order to qualify as an agent.