Agency
An agent who is appointed by operation of law in an emergency situation to protect their principal's property is known as a(n):
AUniversal agent
BSpecial agent
CAttorney-in-fact
DImplied agent✓ Correct
Explanation
An implied agency is created by the actions of the parties or by operation of law rather than by an express written agreement, such as when emergency circumstances require an agent to act.
Related New Mexico Agency Questions
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