Multiple Choice
The test of an agent's express authority is the:
A) justifiable belief of the agent.
B) specific language used by the principal in granting the authority.
C) appearance of authority in the agent created by the principal.
D) deduction of the third party dealing with the agent.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Apparent authority may exist:<br>A) only if actual
Q2: Only the entire act of the agent
Q4: Is a principal liable for the acts
Q5: After Bart and Veronica were involved in
Q6: Any act that the principal could have
Q7: When Nancy's aunt left for her annual
Q8: Ratification does not release the agent from
Q9: For ratification to be effective, the:<br>A) agent
Q10: Direct liability occurs when the:<br>A) agent is
Q11: The principal is bound by representations that:<br>A)