Does an agency always require a mutual intent by both the principal and the agent to be in some form of an arrangement with each year?

Yes.

What is the primary function of an agent?

To conduct business on behalf of principal

Generally, what name is given to describe a person who is authorized to act for another person?

An Agent.

Compared to an employee, does an independent contractor have more or less freedom to do his or her work in a mannor her or she determines?

More freedom.

What name is given to describe an express agency agreement wherein the agent is given the power to sign legal documents on behalf of the principal?

Power of attorney

Implied agency

may apparent authority be described as a situation where a principal has made representations to a third party that someone is to act as his/her agent?

Yes.

What kind of authority has been created where the principal makes representations to a third parrty about the role is to play?

Apparent authority

List the four common types of agent authority.

Express

Implied

Apparent

Agency by ratification

Dependent: NO

When an agent terminates an agnecy, what name is given to describe the action taken by the agent?

Remuciation of authority

When a principal terminates an agency, what name is given to describe the action taken by the principal?

Revication of authority