Trucking Dispatch Company and Ucello put their agency agreement into a written document that describes the rights and duties of both parties.Ucello,as the agent,has

Question

Quizplus · Accepted Answer

The fact that Trucking Dispatch Company and Ucello put their agency agreement into a written document indicates that Ucello has express authority, which is authority given explicitly by the principal to the agent through a written or oral agreement. The other choices can be ruled out because apparent authority is when the principal creates the appearance of authority without actually giving it to the agent, implied authority is authority that is not explicitly given but is necessary for the agent to carry out their duties, and none of the choices cannot be correct as there must be a correct answer.

Trucking Dispatch Company and Ucello Put Their Agency Agreement into a Written