Question 92 of 100
AIBE VIII 2015
Set A
Which is true of contracts of agency?
- A The relation between the agent and the principal is of a trust
- B It is only when a person acts as a representative of the other in the creation, modification or termination of contractual obligations between that other and third persons that he is an agent. Official answer
- C The only essence of a contract of agency is the agent's representative capacity.
- D None of the above