An Agent May Bind the Principal Due to the Agent's

question 53

Multiple Choice

An agent may bind the principal due to the agent's ______ authority.

• A) express
• B) implied
• C) apparent
• D) express,implied,or apparent

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Definitions:

Persuasive Call

A telephone conversation aimed at convincing or influencing the listener to take a specific action or adopt a particular viewpoint.

Conventional Marketing

Traditional marketing methods, such as print ads, billboards, and television commercials, used to promote products or services.

Strong Selling Points

Key attributes or advantages of a product, service, or proposal that make it attractive to potential buyers or supporters.

Volume Discounts

A pricing strategy where the price per unit of goods or services decreases as the quantity purchased increases.