NY Cupcakes, Inc. (NYC), tells Milena, whose business is purchasing for others, to select and buy $2,000 worth of fresh fruit as directed, keeping an account for the expense in NYC's name. NYC and Milena

NY Cupcakes, Inc. (NYC), tells Milena, whose business is purchasing for others, to select and buy $2,000 worth of fresh fruit as directed, keeping an account for the expense in NYC's name. NYC and Milena


a. do not have an agency relationship, because Milena's business is buying for others.
b. do not have an agency relationship, because Milena did not indicate that she was acting for NYC.
c. do not have an agency relationship, because their agreement is not in writing.
d. have an agency relationship.


Answer: D


Business Law

Learn More Multiple Choice Question :