According to Freeman,which of the Following Is Not Needed in an Economic

question 20

Multiple Choice

According to Freeman,which of the following is not needed in an economic theory that accounts for the financing of terrorist organizations and operations?

• A)Need for money
• B)Amount of money needed
• C)System of credit
• D)Source of income

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Definitions:

Actual Authority

The power that an agent or representative has been formally given by a principal to conduct specific acts.

Apparent Authority

Apparent Authority deals with the perception by a third party that an agent has the power and authority to act on behalf of the principal, even if such authority hasn't been explicitly granted.

Time

In a general sense, it refers to the continued sequence of existence and events occurring in an irreversible succession from the past, through the present, to the future.

Principal

In law, the person who authorizes another (the agent) to act on their behalf.