Roberta introduces Steve to her friends as "my associate." Steve purports to act as Roberta's agent in several business transactions with those friends. If Roberta is liable for Steve's actions, it will be because their relationship is

a.
an agency by agreement.

b.
an agency by operation of law.

c.
not an agency relationship.

d.
an agency by estoppel.

Question

haileyhawkins5825 haileyhawkins5825

12-08-2019
Social Studies

contestada

Roberta introduces Steve to her friends as "my associate." Steve purports to act as Roberta's agent in several business transactions with those friends. If Roberta is liable for Steve's actions, it will be because their relationship is

a.
an agency by agreement.

b.
an agency by operation of law.

c.
not an agency relationship.

d.
an agency by estoppel.

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sandlee09 sandlee09 · Answer 1 · 2019-08-14T01:59:07+02:00

Answer:

d. an agency by estoppel.

Explanation:

According to my research on the different contractual relationships, we can say that the description given to us in the question is a relationship of an agency by estoppel. This is defined as a legally binding agency relationship that may arise where, in fact, no formal agency agreement is in effect. This is taking place because Roberta introduced Steve as "my associate".

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