Question: Select from the option list provided whether there is an agency relationship in each of the situations below. Each choice may be used once, more
Select from the option list provided whether there is an agency relationship in each of the situations below. Each choice may be used once, more than once, or not at all. Situation Answer 1. Sarah and Jane have been friends for a long time. They were out on their weekly lunch date, and Sarah expressed to Jane that she wished she had a new car. The waiter overheard Sarah. After his shift he went to the car dealer and represented himself as Sarah's agent. He told the dealer that he wanted to buy a car for Sarah. 2. John asked Jerry, a 14-year-old, to act as his agent. John needs Jerry to purchase a specific art painting for him that is located in a nearby city. Jerry agreed to work as John's agent. 3. Victoria asked Chloe to be her agent. Chloe accepted. Chloe and Victoria are both competent. Chloe must deliver a suitcase filled with illegal drugs to Victoria's business partner. Chloe will be compensated for this act. 4. Jimmy, a 12-year-old, asked Josh to act as his agent. Jimmy wants Josh to purchase a car for him. Josh agreed to this act. 5. James holds himself out to be Ashley's agent. He ordered 50 special-edition laptop computers from Laptops Corporation. Even though Ashley knew that James was claiming to be her agent, she failed to inform Laptops of this fact. Laptops has already begun making these laptops. 6. Kristy asked Katie to purchase a piece of land for her. Both Kristy and Katie were competent and had legal capacity to perform this act. They orally agreed t
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