Agency
Implied agency is created when:
AA written agreement is signed by both parties
BThe principal expressly authorizes the agent in writing
CThe parties' conduct indicates an agency relationship without a formal written agreement✓ Correct
DA court orders an agency relationship to be established
Explanation
Implied agency arises from the conduct, actions, and words of the parties rather than a formal written agreement. For example, if an agent acts on behalf of a buyer and the buyer accepts those actions, an implied agency may exist.
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