An Agency Contract Appointing the Agent for a Period of More

question 81

True/False

An agency contract appointing the agent for a period of more than one year must be in writing.

---

Definitions:

Mentoring

A connection where an individual with more experience or knowledge assists in advising someone with less experience or knowledge.

Traditional Organizational

Refers to a hierarchical structure where decision-making authority is centralized at the top levels.

Geographical Boundaries

Refers to the physical limits of a specific area or environment as determined by natural or artificial barriers.

Mentoring Relationship

A dynamic, reciprocal relationship in a work environment between an advanced career incumbent (mentor) and a beginner (mentee), aimed at promoting the career development of both.