Question: REVIEW QUESTIONS 1. What is the difference between a general agent and a special agent? 2. Suppose you give your friend some cash and ask

REVIEW QUESTIONS 1. What is the difference between a general agent and a special agent? 2. Suppose you give your friend some cash and ask her to pick up a video for you at the video rental store. Has an agency relationship been created? Discuss each of the elements of an agency relationship as they relate to this situation. 3. Can an agency relationship be created without a written agreement? What if the agent is asked to sell a parcel of land for the principal? 4. Can an agency relationship be created if the principal does not pay the agent to act on his or her behalf

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