Powers Specifically Conferred on an Agent to Act on Behalf

question 29

Multiple Choice

Powers specifically conferred on an agent to act on behalf of a principal are

• A)incidental authority.
• B)apparent authority.
• C)implied authority.
• D)express authority.

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Definitions:

McClelland's Learned Need

A theory suggesting that people's needs for achievement, power, and affiliation are acquired over time based on their life experiences.

Motivation Model

Theoretical frameworks that aim to explain the drive behind individuals' actions, desires, and needs.

Deficiency Needs

In Maslow's hierarchy of needs, these are the basic requirements for physical and psychological well-being that individuals are motivated to fulfill before achieving higher level growth needs.

Growth Needs

Psychological desires for personal development, improvement, and the achievement of one's potential.