Asked by elizabeth stelley on May 19, 2024
Verified
An agency relationship can be created only for a lawful purpose.
Lawful Purpose
A requirement for contracts and actions to be valid, indicating that their intentions are not illegal or against public policy.
- Master the essentials and different forms of intermediation relationships.
Verified Answer
SS
Sharmila ShresthaMay 21, 2024
Final Answer :
True
Explanation :
An agency relationship can be created only for a lawful purpose in the same way that a contract must have an legal purpose.
Learning Objectives
- Master the essentials and different forms of intermediation relationships.