Multiple Choice
When Nancy's aunt left for her annual Christmas vacation, she left Nancy in charge of her coffee shop. During this time, there was a riot in the city and the door of the café got damaged. Under such circumstances, Nancy can make necessary repairs if she cannot reach her aunt for further instructions because she has:
A) apparent authority.
B) power of attorney.
C) express authority.
D) inherent agency power.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Only the entire act of the agent
Q3: The test of an agent's express authority
Q4: Is a principal liable for the acts
Q5: After Bart and Veronica were involved in
Q6: Any act that the principal could have
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)
Q12: Misrepresentations by an agent made with the