Agency
A Massachusetts buyer's agent is a friend of the buyer and helps them for free without any written agreement. An agency relationship:
ACannot exist without a written agreement
BCan be created by conduct and implication, even without a written agreement✓ Correct
COnly exists when the agent is paid
DRequires the Board's approval
Explanation
Agency relationships can be created by conduct and implication in Massachusetts—if a licensee acts as an agent (giving advice, negotiating on behalf of) a party, an agency relationship may be implied even without a written agreement.
Related Massachusetts Agency Questions
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