Apparent Authority May Arise in All but Which of the Following

question 10

Multiple Choice

Apparent authority may arise in all but which of the following ways?

• A) The acts are customary of an agent in similar positions in an organization.
• B) The principal has acquiesced to prior similar transactions between the agent and the third party.
• C) The agent shows the third party a power of attorney from the principal authorizing the agent to enter such a transaction.
• D) An agent tells the third person she has the authority to transact such business on behalf of the principal.

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Definitions:

Implicit Memory

A type of long-term memory that operates without conscious awareness, enabling skills and routine procedures to be performed, such as riding a bike.

Word Identification

The process by which a reader recognizes written words as meaningful units of language.

Memory Span Tasks

Cognitive tasks that measure the number of items, typically words or numbers, that an individual can hold in short-term memory and recall in correct order.

Korsakoff's Syndrome

A chronic memory disorder caused by severe deficiency of thiamine, most often associated with alcoholism.