An agent possesses implied authority when:
A) the principal has ratified past actions,leading third persons to believe authority exists.
B) the principal gives greater authority to special agents than general agents.
C) the agent is required to safeguard the property interests of the principal due to an emergency.
D) the agent's powers are specifically described by the principal.
Correct Answer:
Verified
Q2: When an agent commits a tort or
Q3: An agent's exercise of apparent authority,in the
Q4: Agents may not delegate to employees acts
Q6: A sales manager for a corporation would
Q8: Many courts allow a third party to
Q9: An agent who commits a criminal act
Q10: An attorney-in-fact:
A)is the label given to an
Q11: When the principal is undisclosed,the third party
Q12: The test of an agent's implied authority
Q16: When the agent colludes with a third
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