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In the Legal Relationship Known as "Agency

Question 46

Multiple Choice

In the legal relationship known as "agency":


A) the agent cannot have any personal property interest in the principal's business.
B) the principal must authorize all subagents appointed by an agent.
C) a general agent has the authority to act in any way required by the principal's business.
D) the principal is primarily liable for all actions undertaken by agents and subagents.
E) a general agent must be appointed for business purposes, while a special agent can be appointed for personal purposes.

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