Question: Actions from a principal cause a third - party to reasonably believe that another person with no agency relationship with the principal is the principal's
Actions from a principal cause a thirdparty to reasonably believe that another person with no agency relationship with the principal is the principal's agert. The thirdparty, relying on the principal's actions, enters into a contract with that agent and inours a loss.
Which agency relationship is created by the actions of the princlpal?
Agency by estoppel
Agency by operation of law
Agency by ratification
Agency by agreement
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
