Multiple Choice
Which of the following is true of apparent authority?
A) It arises when an agent falsely claims to be acting under the authority of a principal.
B) It requires express authorization,in words or writing,from the principal.
C) It arises when the principal leads a third party to believe that an agent is authorized.
D) It requires that the agent receive consideration from the principal,i.e. ,the agent is not a gratuitous agent.
Correct Answer:

Verified
Correct Answer:
Verified
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