Which of the Following Is a False Statement Regarding the Agency

question 80

Multiple Choice

Which of the following is a false statement regarding the agency relationship?

• A)It is a consensual relationship.
• B)It may be formed by a formal written contract.
• C)It may be formed by an informal oral agreement.
• D)It can be created only for a lawful purpose.
• E)As a universal rule,a person must be trained in the area of specialty involved in the agency relationship in order to qualify as an agent.

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