Question

Meryl owes Ralph $30,000. She gives Ralph authority to sell her beach house, and to pay himself $30,000 out of the proceeds. Which best describes Ralph’s relationship with Meryl?

Group of answer choices

Ralph is acting as Meryl’s servant.

Ralph has an agency coupled with an interest.

Ralph is an independent contractor.

Ralph is a subagent, the principal being Meryl.

Ralph is a general agent to Meryl.

Answer 1

a) Ralph is marry's servant: Incorrect the transactional relationship cannot be certain with the facts given:

b) Ralph has an ageny coupled with interest seems plausible but to facts are given therefore not correct.

c) Ralph is an independent contarctor is also not stated as the transaction talks about authorization to sell principal's property, so not clear and therefore not the right answer.

d) Here Ralph is definitely actinf as agent , so subagent is not possible, there couls be sub agents or third part with whom ralph can deal with though,

e) Here most closest answer could be ralph acts as general agent for Meryl, and Meryl bein the pricipal as GA is acting on behalp of pricipal for the transaction with clause to pay himself out of the proceeds