Multiple Choice
One who agrees to act and is authorized to act on behalf of another, a principal, to legally bind the principal in particular business transactions with third parties pursuant to an agency relationship is the __________.
A) offeror
B) agent
C) actor
D) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Individual employees who are authorized to transact
Q12: Agency is described as a _ relationship
Q13: When the agent initiates the termination, it
Q14: Much of agency law exists on the
Q15: Many states have adopted the _ test
Q17: An agency transaction ends when the agency
Q18: Only an agent may end the agency
Q19: What company agreed to settle a class
Q20: What agency created a three-prong test to
Q21: More often than not, the parties in