Carol Learns That Dave Has Hired a New Employee to Work

question 97

Multiple Choice

Carol learns that Dave has hired a new employee to work at her company. Although Dave did not have permission to hire the new employee, Carol likes the new employee and decides to honor all the terms of the employment contract that Dave negotiated. Which of the following types of agency relationship have Carol and Dave formed?

• A) agency by implied authority
• B) agency by agreement
• C) agency through ratification
• D) agency by estoppel

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Definitions:

Quality and Calibre

Refers to the standard of something as measured against other similar things; the degree of excellence of something.

Selection Process

The series of steps and methods used by an organization to identify, evaluate, and hire the best candidates for a job opening.

Reliable

Refers to something or someone that is consistently good in quality or performance, able to be trusted.

Social Networking Sites

Social networking sites are online platforms that allow users to create profiles, share content, and interact with each other, facilitating personal and professional connections.