Multiple Choice
The test of an agent's implied authority is the:
A) justifiable belief of the agent.
B) specific language the principal used in granting the authority.
C) explicit agency agreement between the principal and the agency.
D) deduction of the third party dealing with the agent.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Misrepresentations by an agent made with the
Q13: An agent can limit the liability for
Q14: Ratification may be inferred from the principal's
Q15: Authority is implied when the principal specifically
Q16: Which of the following statements is true
Q18: Which of the following is true about
Q19: A general agent:<br>A) has a limited range
Q20: An attorney-in-fact is the technical label given
Q21: A principal's intent to ratify a contract:<br>A)
Q22: An agent acting at the direction of