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Which of the Following Is True of an Agent

Question 47

Multiple Choice

Which of the following is true of an agent?


A) The authorization to represent the company has to be in writing.
B) The agent's statements cannot legally bind his or her company.
C) A person who acts in place of his or her company is an agent.
D) The actions of an agent do not have any financial impact on the company.
E) None of the above.

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