1.

A ............... authorized the agent to do all acts on behalf of principle? ​

Answer»

ANSWER:

By AGENCY, a principal GRANTS authority to an agent to act on behalf of and under the control of the principal. The relation between a principal and an agent is fiduciary and an agent's ACTIONS bind the principal. An agent is liable to a principal when he/she acts without actual authority, but with apparent authority.



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