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Questions and Answers
An agent of an ______.
agent
A ____ agency, one agent works for both the buyer and seller.
dual
A third _____ is person seeking to deal with the principal through the agent.
party
When the principal gives approval to unauthorized actions after they are performed, creating an agency relationship after the fact.
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A ______ defect is a hidden defect, one that isn't discoverable by ordinary inspection.
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When the principal allows a third party to believe an agency relationship exists, so that the principal is legally precluded from denying the agency.
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A customer becomes a ______ when a relationship is documented in an agreement.
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Someone who holds a special position of trust and confidence in relation to another.
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An agent of an ____.
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A ____ agency, one agent works for both the buyer and seller.
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A third _____ is a person seeking to deal with the principal through the agent.
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When the principal gives approval to unauthorized actions after they are performed, creating an agency relationship after the fact, it is called _____.
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A _____ defect is a hidden defect, one that isn't discoverable by ordinary inspection.
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When a customer becomes a ______ when a relationship is documented in an agreement.
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Someone who works under the direction and control of the employer is an _____.
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A person authorized to represent another in dealings with third parties is called an _____.
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