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Which of the Following Is a True Statement

Question 26

Multiple Choice

Which of the following is a true statement?


A) Ratification applies to previously unauthorized acts.
B) Actual authority must be expressly created and cannot be based on custom or past dealings.
C) Apparent authority is based on what the principal communicates to the agent and not to the third party.
D) Actual authority must always be expressed in writing.

Correct Answer:

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