筛选结果 共找出23

In order to form an agency relationship by express agreement, what form should the agreement take? 

A

 Oral agreement only 

B

 Written agreement only 

C

 Either oral or written agreement 

 Which type of agent authority is derived from what is usual or customary in the circumstances? 

A

 Express authority 

B

 Ostensible authority 

C

 Implied authority 

When combined, which types of agent authority are known as an agent's actual authority? 

A

 Express and implied authority 

B

 Implied and ostensible authority 

C

 Express and apparent authority 

Unless circumstances indicate otherwise, which party is NOT liable under a contract properly formed under an agency agreement? 

A

Agent 

B

 Principal 

C

 Third party 

Which of the following statements regarding agency law is correct? 

A

 An agent may not enforce a contract that they helped to form 

B

 A principal may sue their agent if the third party is in breach of contract 

C

 A third party and principal do not need be in direct contact for a binding contract between them to be formed 

 Which type of agent runs an accountancy practice? 

A

 Company director 

B

 Partner 

C

 Commercial agent 

D

 Promoter 

Which of the following statements concerning a principal ratifying a contract formed by an agent is correct? 

A

 The principal need not have existed when the contract was made 

B

 The principal need not have had legal capacity when the contract was made 

C

 The principal must communicate their ratification of the contract clearly to the third party 

D

 At least half of the provisions of the contract must be ratified 

Which TWO types of agency are formed without the agent's consent? 

(1) Agency by implied agreement  

(2) Agency by express agreement  

(3) Agency by estoppel  

(4) Agency by ratification 

A

 1 and 2 

B

 1 and 3 

C

 2 and 3 

D

 3 and 4 

'Holding out' is a key element of which form of agency?

A

Agency by estoppel

B

Agency by necessity

C

Agency by implied agreement

What is the extent of an agent's ostensible authority?

A

What is usual in the circumstances only

B

What is implied from the agency relationship only

C

What the principal gives the agent expressly only

D

What is usual in the circumstances and what the principal gives them expressly or impliedly