(a) Fred is operating a car dealership as a sole trader. Identify a type of agent Fred

would engage in his business. What type of contracts would this agent enter into?

(2 marks) (b) What does ratification mean in relation to an agent? (2 marks) (c) Explain the concept of an agent acting with apparent authority. (2 marks) (d) What is meant by a fiduciary relationship? Identify a duty that flows from such a

relationship. (2 marks) (e) What are the elements of the statutory definition of a partnership? (2 marks)