Asked by
Viridiana Martin
on Nov 21, 2024
Verified
A gratuitous agent is one who acts without consideration.
Gratuitous Agent
An agent who acts on behalf of another without receiving any compensation.
Consideration
A fundamental element of a contract, referring to something of value exchanged between parties, such as services, goods, or money.
- Acquire knowledge on the definitions and various forms of agency relationships.
Verified Answer
SC
Learning Objectives
- Acquire knowledge on the definitions and various forms of agency relationships.
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