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Which one of the following is TRUE?
A.The creation or existence of a compensation agreement does not establish an agency relationship between the giver of compensation and the recipient.
B.California Civil Code requires consideration to create an agency relationship.
C.The fact that a buyer's agent receives compensation as a percentage of the total commission monies paid by the seller establishes an agency relationship between the buyer's agent and the seller.

Respuesta :

Answer:

A. The creation or existence of a compensation agreement does not establish an agency relationship between the giver of compensation and the recipient

Explanation:

An agency cannot be implied between the giver of a compensation and the recipient. An agency can only exist between the individual who wishes to sell a property and his/her designated agent or representative.

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