Multiple Choice
An attorney-in-fact:
A) is the label given to an agent whose authority is in writing.
B) is the label given to an agent whose authority is implied.
C) is the label given to an agent whose authority is apparent.
D) is the label given to an agent who has the authority to ratify.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Many courts allow a third party to
Q4: Jen is a buyer for Autumn's Iowa
Q5: Express authority:<br>A)is created when the principal specifically
Q6: For ratification to be effective:<br>A)the principal cannot
Q9: A principal's intent to ratify a contract:<br>A)needs
Q10: Ratification must be expressed and may not
Q11: Generally,notice to the agent is notice to
Q12: When an agent commits a tort or
Q13: An agent does not possess the implied
Q42: An agent's exercise of apparent authority,in the