Occurs when the words and actions of the parties indicate that there is an agency relationship.
| Business Dictionary: Implied Agency |
Occurs when the words and actions of the parties indicate that there is an agency relationship.
| 5min Related Video: Implied Agency |
| Real Estate Dictionary: Implied Agency |
Occurs when the words and actions of the parties indicate that there is an agency relationship.
Example: Irwin, a homeowner, asked Bob Broker to help sell his home, creating an implied agency. When Broker found a buyer, Irwin argued that there was no written listing, but Broker prevailed in court and collected the commission.
| Undisclosed Agency | |
| Impossible Missions Force | |
| Conspiracy (crime) |
| What is implied texture? Read answer... | |
| What do implied powers do? Read answer... | |
| What are implied themes? Read answer... |
| What ways may an agency be created either expressed or implied from certain circumstances and conduct of the parties? | |
| What is implied qualification? | |
| What is an implied license? |
Copyrights:
![]() | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |