Agency

In Wyoming, the concept of apparent agency arises when:

AA written agency agreement exists
BA principal's conduct leads a third party to reasonably believe that an agency exists✓ Correct
CA licensee exceeds their authority
DAn unlicensed person acts as an agent

Explanation

Apparent agency (or apparent authority) occurs when a principal's actions or conduct reasonably lead a third party to believe an agency relationship exists, even if no formal agreement was made. The principal may be bound by the agent's actions under apparent authority.

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