Which of the following must be present in an agency by agreement?
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Correct Answer: Option C
Explanation:
Consent must be present in an agency by agreement because the agency relationship is created through the agreement of the parties involved. The principal and agent must agree to establish the relationship and its terms. Without the consent of the parties, an agency by agreement cannot properly be formed.
Consent must be present in an agency by agreement because the agency relationship is created through the agreement of the parties involved. The principal and agent must agree to establish the relationship and its terms. Without the consent of the parties, an agency by agreement cannot properly be formed.