Answered

What are the laws governing Agency Laws known as?

A. Common Law
B. Law of Agency
C. Statutory Law
D. Statute of Agency



Answer :

GinnyAnswer

Final answer:

Agency laws are governed by Statutory Law and Common Law, which are essential in shaping the legal framework for agency relationships.


Explanation:

Agency laws are governed by multiple sources, including Statutory Law and Common Law. Statutory Law refers to written laws enacted by legislatures, while Common Law is developed through court decisions and precedents. Both play a significant role in shaping the legal framework surrounding agency relationships.


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