Asked by
Cayla Wilson
on Nov 10, 2024
Verified
Where there is no contract of agency between the principal and the agent, the actions of that agent cannot bind the principal.
Contract of Agency
A legal agreement in which one party (the agent) agrees to act on behalf of another party (the principal) in business transactions.
- Delve into the responsibilities and roles of principals and agents in an agency connection.
Verified Answer
KG
Learning Objectives
- Delve into the responsibilities and roles of principals and agents in an agency connection.
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