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    Risk Management and Insurance
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    Exam 6: Insurance As a Risk Management Technique: Principles
  5. Question
    An Agent May Without Authority Perform Some Act Concerning an Insurer
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An Agent May Without Authority Perform Some Act Concerning an Insurer

Question 29

Question 29

True/False

An agent may without authority perform some act concerning an insurer, and if the insurer assents to the act at a later time, the agent obtains authority by ratification.

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