Liability is imposed on an agent who has exceeded his authority on the basis of an:
A) implied warranty of authority.
B) actual warranty of authority.
C) inherent warranty of authority.
D) apparent warranty of authority.
Correct Answer:
Verified
Q29: Ratification releases:
A) the principal from liability.
B) the
Q31: When Nancy's aunt left for her annual
Q32: An agent will be relieved from liability
Q33: The principal is bound by representations:
A)that are
Q34: Where an agent has taken an unauthorized
Q35: A person who is induced to enter
Q37: Which of the following statements is true
Q38: Which of the following is true for
Q39: Which of the following statements is true
Q46: Explain the concept of apparent authority.
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