Question

Question # 18 of 25

Which of the following is NOT a key principle in agency law?
OA) Payments made to an agent on behalf of the principal are payments to the principal
B) Acts of the agent are the acts of the principal
OC) A contract completed by an agent is NOT a contract of the principal
D) Knowledge of the agent regarding the business of the principal is presumed to be knowledge of the principal
Check for Review

Answer 1

In agency law, a contract completed by an agent is considered a contract of the principal.

Step-by-step explanation:

The correct option from the given choices (OC) A contract completed by an agent is NOT a contract of the principal is NOT a key principle in agency law. In agency law, a contract completed by an agent is considered a contract of the principal. This means that the principal is bound by the agreements made by the agent on their behalf.

Learn more about Key principles in agency law