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Questions and Answers
According to the text, which of the following is true about the creation of an agency?
According to the text, which of the following is true about the creation of an agency?
- Agency can be created by express appointment or implied appointment (correct)
- Agency can be created by any form of communication
- Agency can only be created by express appointment
- Agency can only be created by implied appointment
In the context of agency, who can appoint an agent according to the text?
In the context of agency, who can appoint an agent according to the text?
- A person of sound mind and a major (correct)
- Anyone, regardless of their mental capacity
- Only a legal guardian of a minor
- Only a person of unsound mind
Which statement about agents who are minors or of unsound mind is supported by the text?
Which statement about agents who are minors or of unsound mind is supported by the text?
- They can act as agents and will be fully responsible for their acts to the principal
- They cannot act as agents under any circumstances
- They can act as agents but won't be responsible or liable for their acts to the principal (correct)
- They can act as agents but will require special permission from the court
What did the case of P. Krishna Bhatta V. Mundila Ganapathi Bhatta establish about agents?
What did the case of P. Krishna Bhatta V. Mundila Ganapathi Bhatta establish about agents?
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What is the role of consideration in creating an agency according to the text?
What is the role of consideration in creating an agency according to the text?
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