Agency
Under Louisiana law, an agency relationship created without a written agreement but where the principal's conduct leads a third party to reasonably believe an agency exists is called:
AExpress agency
BAgency by estoppel (ostensible agency)✓ Correct
CAgency by ratification
DDual agency
Explanation
Agency by estoppel (ostensible agency) is created when a principal's conduct leads a third party to reasonably believe that someone is the principal's agent, even without an express agreement.
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