Olivia told Tom that Alison was her leasing agent. Based on this representation, Tom signed a 3-year lease with Alison on a building owned by Olivia. Tom spent a considerable sum on special equipment for the property. Olivia now claims that Alison was not her agent because there was no written agency between her and Alison, and denies that she has leased her property to Tom. A court would likely decide that: Group of answer choices Olivia need not lease to Tom because Alison was not appointed in writing. Olivia is estopped from denying the agency. Alison was a dual agent. An agency by ratification exists.

Olivia told Tom that Alison was her leasing agent. Based on this representation, Tom signed a 3-year lease with Alison on a building owned by Olivia. Tom spent a considerable sum on special equipment for the property. Olivia now claims that Alison was not her agent because there was no written agency between her and Alison, and denies that she has leased her property to Tom. A court would likely decide that: Group of answer choices Olivia need not lease to Tom because Alison was not appointed in writing. Olivia is estopped from denying the agency. Alison was a dual agent. An agency by ratification exists.