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An Agency Relationship Must Be Based on an Express or Implied

question 21

True/False

An agency relationship must be based on an express or implied agreement that the agent will act for principal and that the principal agrees to have the agent so act.


Definitions:

Bureaucracies

Complex organizational systems with structured hierarchies and standardized procedures designed to manage and administer large organizations or governments.

Needs Assessment

A systematic process for determining and addressing gaps between current conditions and desired conditions or "needs."

Statewide Comprehensive

An approach or plan that covers all areas or aspects within an entire state, intended to address complex issues systematically.

Appraisal

The process of evaluating the performance, quality, or value of someone or something, often for the purpose of making a judgement or decision.

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