Examlex
Which of the following is a potential downside to using patriotic themes in marketing programs?
Ratification Agency
The process by which a principal approves and accepts the acts of their agent that were done without proper authority or beyond the scope of their authority.
Implied Authority
Power not explicitly granted to an agent but necessary to carry out the agent's duties effectively.
Expressed Agency
A legal relationship where an agent is explicitly granted the authority by the principal to act on their behalf.
Apparent Agency
The legal doctrine that allows a third party to hold a principal liable for the acts of an agent, where the principal has given the appearance of agency.
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