R8 - Agency

Question 1

I. Creation of the Agency Relationship

Answer 1

1. Request for creation
   - Principal Must have capacity and consent
   * writing is not required. UNLESS to buy or sell a land (MYLEGS - L) or Multiple year contract (MYLEGS - Y), Statute of Fraud

• Agenct dont have to have capacity.
• consideration = not required.
  2. Power of Attorney - Written Authorization of Agency