A party who employs another person to act on his or her behalf is called an authority.
Correct Answer:
Verified
Q9: Agency relationships are formed by the mutual
Q10: An agency results from the manifestation of
Q11: An employee might or might not also
Q12: Soft Stuff,Inc.contracted to sell Mike's Mart five
Q13: Employees may only enter into contracts that
Q15: Principals are bound by the unauthorized contracts
Q16: An employee is not an agent unless
Q17: The extent of the agent's authority in
Q18: In an agency,the agent acts on behalf
Q19: The president of a corporation usually has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents