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General Principles Of AgencyCreation_and_terminationMEDIUM

A property owner allows a neighbor to show the property to friends and even negotiate on the owner's behalf over several months, but no written or oral agreement was ever made. A court later finds an agency existed. How was this agency most likely created?

Correct Answer

B) Implied agency

Implied agency is correct because the agency relationship was inferred from the ongoing conduct of the parties rather than from any express agreement.

Answer Options
A
Express agency
B
Implied agency
C
Ratification
D
Termination by performance

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Related Topics & Key Terms

Key Terms:

creation_and_terminationagencyimplied_agencyconduct
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