Asked by makayla porter on Jun 10, 2024
Verified
Under the theory of agency law,the agent is required to follow whose instructions?
A) The principal
B) The subagent
C) The incorporator
D) The organizer
Agency Law
A body of law concerning the relationship where one party (the agent) is authorized to act on behalf of another (the principal) in dealings with third parties.
Instructions
Directions or orders given by one party to another, especially in the context of a legal, business, or contractual relationship.
- Comprehend the roles and responsibilities in an agency relationship, specifically the agent's obligation to follow the principal's instructions.
Verified Answer
AA
Anis Aqilah Nizam ShahJun 12, 2024
Final Answer :
A
Explanation :
The agent is required to act within her actual authority and to obey the principal.
Learning Objectives
- Comprehend the roles and responsibilities in an agency relationship, specifically the agent's obligation to follow the principal's instructions.
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