Agency

What is agency by estoppel in Ohio?

AAgency created by a written power of attorney
BAgency created when a principal's conduct prevents them from denying an agency relationship✓ Correct
CAgency created by law regardless of intent
DAgency that expires automatically

Explanation

Agency by estoppel (also called ostensible agency) arises when a principal's representations or conduct reasonably lead a third party to believe an agency exists, and the third party relies on that belief. The principal is estopped from denying the agency.

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