The authority of an agent to perform all incidental acts necessary to fulfill the purposes of the agency agreement is called
A) implied authority.
B) declared authority.
C) apparent authority.
D) express authority.
Correct Answer:
Verified
Q47: Powers specifically conferred on an agent to
Q48: The general rule that ambiguity in insurance
Q49: Bob purchased insurance on his home with
Q50: Hank bought a farm that had an
Q51: ABC Life Insurance Company insures both smokers
Q53: Dave and Meagan Philips borrowed $150,000 from
Q54: If a third party is led to
Q55: Kim purchased a one-year property insurance policy.She
Q56: Some states have a law that requires
Q57: All of the following statements are true
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