Multiple Choice
Apparent authority may arise in all but which of the following ways?
A) The acts are customary of an agent in similar positions in an organization.
B) The principal has acquiesced to prior similar transactions between the agent and the third party.
C) The agent shows the third party a power of attorney from the principal authorizing the agent to enter such a transaction.
D) An agent tells the third person she has the authority to transact such business on behalf of the principal.
Correct Answer:

Verified
Correct Answer:
Verified
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