Agency
Under Louisiana law, which of the following would create an agency relationship by estoppel?
AA broker signing a listing agreement
BA property owner who allows another to hold themselves out as their agent without correction, preventing the owner from later denying the agency✓ Correct
CA buyer signing a buyer representation agreement
DA court appointing an agent for an incapacitated person
Explanation
Agency by estoppel (apparent/ostensible agency) arises when a principal allows another to appear to be their agent and a third party reasonably relies on that appearance. The principal is estopped from denying the agency relationship.
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