An agency by estoppel arises from the action of which of the following parties? A The principal only B The agent only C Both the principal and the agent
1. The answer is C. – In the examiner’s report it says: “The correct answer is option C, as the agent has to undertake some action and the principal has to approve or allow that action.”
– What will happen when the principal holds out a person to be their agent but the agent has not yet undertake some action?