Question

In: Economics

1. In a gratuitous agency relationship, the principal is notliable for the acts of her...

1. In a gratuitous agency relationship, the principal is not liable for the acts of her agent.

True

False

2. There are 7 different ways a principal can create authority for his agent.

True

False

Solutions

Expert Solution

Answer 1 = false

Reason = In gratuitous agency relationship, principal will held liable for the acts of her agent.

Answer 2 = False

Reason = There are only ways a principal can create authority to his agent namely actual and apparant

Rahul Sunny answered 2 years ago
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