Final answer:
By signing the Intermediary Relationship Notice, an express agency is created, officially authorizing the agent to act on behalf of the principal.
Step-by-step explanation:
By signing the Intermediary Relationship Notice, an express agency is created. This is a formal agreement between the principal and the agent, where the agent is authorized to perform specific acts or functions on behalf of the principal.
Unlike an implied agency, which is formed by the actions of the parties, express agency is based on a written or spoken agreement.