Which of the Following Is Correct with Respect to the Agency

question 76

Multiple Choice

Which of the following is correct with respect to the agency relationship?

• A) For an agency contract to be valid, it must be in writing.
• B) Agents are those who act on behalf of others but are not employees.
• C) The agency relationship must be created by contract.
• D) No agency can be created without the consent of the principal.
• E) An agency agreement in writing and under seal is called a power of attorney.

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Definitions:

Stabilizing Selection

Mode of natural selection in which an intermediate form of a trait is adaptive, and extreme forms are selected against.

Prenatal Care

Medical and healthcare provided to a pregnant woman before delivery, aiming to ensure the health of both the mother and the developing fetus.

Disruptive Selection

An evolutionary process that favors individuals at both extremes of a phenotypic range over those with intermediate phenotypes, leading to a split in the population.