Asked by
JAKOB SUNDSTROM
on Nov 28, 2024Verified
Rubio is injured in an accident with Stavros. Unable to use his hands due to the injury, Rubio indicates that Tam should sign a settlement agreement on Rubio's behalf with Stavros's insurance company. This is
A) an agency by agreement.
B) an agency by estoppel.
C) an agency by operation of law.
D) not an agency relationship.
Agency by Operation of Law
A legal principle that creates an agency relationship under certain conditions, despite the lack of any agreement between the parties, for reasons of fairness or necessity.
Settlement Agreement
A legally binding contract that resolves a dispute between parties outside of court, usually involving some form of compensation.
Unable
The condition of not having the necessary means, knowledge, or opportunity to do something.
- Discern the diverse manifestations of agency and the specific conditions that facilitate their establishment.
Verified Answer
UW
Learning Objectives
- Discern the diverse manifestations of agency and the specific conditions that facilitate their establishment.