Agency
Express agency is created when:
AAn agent acts without authorization but the principal later ratifies the act
BThe principal and agent explicitly agree to the agency relationship, orally or in writing✓ Correct
CThe conduct of both parties implies an agency relationship
DThe agent is appointed by a court
Explanation
Express agency is formed through an explicit agreement (oral or written) between principal and agent. A written listing agreement or buyer representation agreement creates express agency.
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