Question

Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. What type of agency has been created between Peter and Brunhilda?
a. Apparent agency
b. Ostensible agency
c. Express agency
d. Implied agency

Answer 1

Answer:

c. Express agency

Explanation:

An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.

In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.