Agency
Agency by estoppel in Arizona arises when:
AThe parties sign an agency agreement
BA principal allows another to act as their agent and a third party relies on that apparent authority✓ Correct
CA court appoints an agent for an incompetent person
DAn agent acts within their express authority
Explanation
Apparent agency (agency by estoppel) arises when a principal's conduct leads a third party to reasonably believe that someone is their agent. The principal may be estopped (prevented) from denying the agency relationship.
Related Arizona Agency Questions
- In Arizona, which of the following best describes the 'dual fiduciary' problem in dual agency?
- The Arizona Agency Disclosure form must be:
- Under Arizona agency law, ratification of an agent's unauthorized act occurs when:
- A transaction broker in Arizona:
- An Arizona listing agent learns from the seller that the home's roof has leaked for years but has been cosmetically patched. The agent shows the home to a buyer without disclosing the roof history. This is MOST likely a violation of the agent's duty of:
- When does an Arizona listing agreement terminate?
- The duty of loyalty in Arizona agency primarily means an agent must:
- An Arizona listing agreement is a contract between:
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →