Agency Law and Principal-Agent Relationship
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Questions and Answers

A special power of attorney gives authority to a general agent who has general authority to act for the principal.

False

An executor who represents a deceased estate is an example of agency due to an agreement.

False

Ostensible authority is also known as implied authority.

False

Unauthorised management is when someone undertakes the business of another with their authority.

<p>False</p> Signup and view all the answers

A general power of attorney gives authority to a special agent who has authority to do one particular act.

<p>False</p> Signup and view all the answers

Looking after a neighbor's house is an example of ostensible authority.

<p>False</p> Signup and view all the answers

Authority may be inferred from the conduct of the so-called agent.

<p>False</p> Signup and view all the answers

A curator who represents a person who has been declared incapable is an example of agency due to an agreement.

<p>False</p> Signup and view all the answers

A partner or director has authority to represent someone else because of an agreement.

<p>False</p> Signup and view all the answers

A trustee who represents an insolvent estate is an example of agency due to an agreement.

<p>False</p> Signup and view all the answers

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