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    Business Law Principles and Practices
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    Exam 25: Principal-Agent, Employer-Employee, and Third-Party Relationships
  5. Question
    If a Principal Authorizes an Agent to Buy a Tractor
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If a Principal Authorizes an Agent to Buy a Tractor

Question 41

Question 41

Multiple Choice

If a principal authorizes an agent to buy a tractor for $10,000, this is an example of


A) certain authority.
B) express authority.
C) incidental authority.
D) apparent authority

Correct Answer:

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