QUESTION I AGENCY LAW (20 Points) During the course we covered Agency Law and had a discussion of the purpose of agency law. how agencies are created. the duties that each party owes to others and to third parties. Please answer the following questions as they relate to Agents and Agency Law in general. 1. What distinguishes an agency from other contractual relationships? 2. May all acts be delegated to an agent? 3. Who may ordinarily act as an agent? 4. What does it mean to say an agent has express authority? 5. What authority does a general agent have in addition to express authority? 6. What classes of acts does a general agent normally have the authority to transact? 7. When must the contract appointing an agent be in writing? 8. What does ratication of an unauthorized act done in someone else's name do for the assumed agent? A .. . - . . . . . . .l a - nu, z,,,, ,7 77,4-Hn