Agency
Which of the following best describes a 'gratuitous agency' in Kansas?
AAn agency where the agent is handsomely compensated
BAn agency relationship formed without compensation where the agent still owes duties of care✓ Correct
CAn agency terminated by the principal at will
DA government-sponsored agency for first-time buyers
Explanation
A gratuitous agency is one where the agent serves without compensation. Even without pay, the agent owes the principal duties of care, loyalty, and good faith.
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