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Jan wants to buy a house in Lake Worth, but her friend Ann is a much tougher negotiator. They devise a plan where Ann will tell the seller of the house that she is Jan's agent & will make all the decisions with respect to any purchase of the house. They also agree that Ann actually will have no such authority & that Jan is the only one who will make any decisions relative to purchasing the house. They meet with the seller, & Ann says that she is Jan's agent while Jan says nothing. Has an agency been created?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M997114

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