DSST Business Law II Exam Prep

Category - DSST Business Law II

Implied agency is also known as:
  1. Express agency.
  2. Authorized agency.
  3. Incidental agency.
  4. Granted agency.
  5. Accidental agency.
Explanation
Answer: C. Implied agency is also known as incidental agency. An agency relationship exists when one party is legally permitted to act for another. An implied agency relationship arises when the conduct of the parties lead others to believe that an agency relationship exists, though it has not been explicitly established.
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