Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
Desolo Desolo
wrote...
Go to Answer
Posts: 11831
Rep: 83 0
10 years ago
Helga owns a piece of real estate. She goes to Stranton Lace Bank to obtain a loan against the property. The bank makes the loan but requires Helga to sign a mortgage pledging the property as collateral for the loan. The mortgage agreement appoints the bank as Helga's agent. If Helga defaults on her payments, the agreement permits the bank to sell the property and recover the amount of the loan from the sale proceeds. What kind of agency exists between Helga and the bank?
A) agency coupled with an interest
B) apparent agency
C) agency by ratification
D) incidental agency

This is for my business law class, anything will help
Read 413 times
2 Replies
Replies
Answer accepted by topic starter
bbbbbb
wrote...
#1
Top Poster
Posts: 4797
Rep: 1232 3
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Desolo Author
wrote...
#2
9 years ago
Thanks for tackling this question bbb
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  961 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 284
  
 230
  
 142
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: What's your favorite coffee beverage?