Respuesta :
Theilan and Llewellyn make an agreement in writing that Theilan will act on behalf of Llewellyn at an auction. this type of agency relationship is a(n) Express agency relationship.
Express agency refers to a circumstance in which one party (the agent) has been given specific instructions by another party (the principal) to act on the principal's behalf. This power is often delegated to the agent via a written contract.
A written or verbal agreement between the principal and the agent establishes express agency. It shows that this representational status was their explicit purpose. A signed listing agreement with a seller or a buyer agency agreement with a buyer typically establishes an agency in real estate.
When the licensee and principal "state" their intentions to enter into an agency relationship, either verbally or in writing, the express agency is established. Depending on the state, an oral agreement may or may not be enforceable in forming an agency relationship.
Learn more about Express agency relationship here:
https://brainly.com/question/28461199
#SPJ4
