Multiple Choice
A general agent:
A) has a limited range of implied authority than a special agent.
B) is authorized by the principal to do a specific act.
C) is an agent who does not possess the authority to contract on behalf of the principal.
D) acts for the principal in a number of transactions over a period of time.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q17: The test of an agent's implied authority
Q18: Which of the following is true about
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
Q23: Principals often are liable for the torts
Q24: An agent will be relieved from liability