Question: QUESTION 6 There must be a written agreement between two parties to create an agency relationship True O False QUESTION 7 A principal cannot ratify

QUESTION 6 There must be a written agreement between two parties to create an agency relationship True O False QUESTION 7 A principal cannot ratify an agreement made without authorization on his or her behalf by one who is not his or her agent True False QUESTIONS An agent who fails to use reasonable diligence and skill in acting on behalf of his or her principal may be liable for breaching a duty of performance True O False QUESTION 9 Agency relationships may be created for both legal and illegal purposes. True False

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