An Agency Relationship Created When the Principal Acts Such That

question 57

True/False

An agency relationship created when the principal acts such that third parties reasonably conclude that an agency relationship exists is legally described as an agency by ratification.

---

Definitions:

Explicit Representations

Clear and detailed descriptions or models that precisely define or demonstrate concepts or objects.

Intuitive Wisdom

The ability to understand something instinctively, without the need for conscious reasoning.

Average of Five Meals

The arithmetic mean value of the caloric or nutritional content of five different meals.

Cupholders

Features in vehicles and furniture designed to securely hold cups or mugs, preventing spills.