A principal is bound in contract with the third party with whom the agent dealt if the agent is:
A) within his or her implied authority.
B) within his or her express authority.
C) within his or her apparent authority.
D) outside his or her authority but the principal ratified it.
E) all of the above
Correct Answer:
Verified
Q13: In the process of assembling land for
Q17: An agency relationship can be created by:
A)apparent
Q19: Distinguish between the actual authority and the
Q20: Which of the following is an example
Q21: A principal is not bound in contract
Q22: If a third party relies on the
Q81: Apparent authority is determined by the representation
Q104: When an agent acts beyond the specific
Q118: An agent owes a fiduciary duty to
Q164: What restrictions are there on a principal's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents