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    Business Law and Strategy
  4. Exam
    Exam 38: Duties and Liabilities of Principals and Agents
  5. Question
    An Agent's Power to Bind a Principal in Contract Is
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An Agent's Power to Bind a Principal in Contract Is

Question 2

Question 2

Multiple Choice

An agent's power to bind a principal in contract is derived from the agent's authority, which may arise from __________ authority.


A) actual
B) apparent
C) ratification
D) All of the choices are correct.

Correct Answer:

verifed

Verified

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