Apparent authority can be best described as a situation where:
A) he principal and agent undertake actions in accordance with their earlier agreement that one act as agent for the other
B) the principal has made representations to a third party that someone is to act as her agent
C) the agent has made representations to a third party that he is acting as an agent for another
D) the conduct of two parties indicates that they are acting in a principal and agent capacity
E) both B and C
Correct Answer:
Verified
Q50: An agent negotiates a contract with a
Q51: Incidental authority is a kind of:
A) express
Q52: When an agent terminates an agency arrangement,the
Q53: An express written agency agreement that is
Q54: In the context of agency,ratification refers to:
A)
Q56: The bankruptcy of which party or parties
Q57: If the law changes such that the
Q58: Which of the following is not one
Q59: An express agency requires:
A) a written agreement
Q60: In an agency for a fixed term,such
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