Agency
Which of the following is the BEST description of express agency?
AAgency created by the actions of the parties
BAgency created by written or oral agreement between the principal and agent✓ Correct
CAgency imposed by a court order
DAgency assumed by the public without any agreement
Explanation
Express agency is created by an explicit oral or written agreement between the principal and agent. A listing agreement or buyer representation agreement creates express agency.
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