A contract of agency may be created by ________.

Question

Q. In a normal agency relationship where the agent acts within his authority, a binding contract within his authority is usually created between ___________.

Answer 1

An agreement creating an agency relationship may be express or implied and both the agent and principal may be either an individual or an entity,such as a corporation or partnership.

A contract of agency may be created by ________.

The correct option is C all of the aboveAn agreement creating an agency relationship may be express or implied and both the agent and principal may be either an individual or an entity,such as a corporation or partnership.

The correct option is C all of the above
An agreement creating an agency relationship may be express or implied and both the agent and principal may be either an individual or an entity,such as a corporation or partnership.