Which of the Following Statements Is True About the Figure

question 40

Multiple Choice

Which of the following statements is true about the figure shown below?

• A) A rental unit must be either an apartment or a house, and cannot be both at the same time.
• B) A rental unit can be an apartment, house or just a rental unit; it may not be more than one at the same time.
• C) A rental unit must be either an apartment or a house, and could be both.
• D) A rental unit can be an apartment, a house or just a rental unit. It could be both an apartment and a house at the same time.

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Definitions:

Implied Authority

The power of an agent to perform acts which are reasonably necessary to accomplish the purpose of an organization.

Express Authority

The power explicitly given to an agent or representative through a contract or agreement to perform certain actions.

Agent

An individual or entity authorized to act on behalf of another (the principal) in dealings with third parties.

Undisclosed Principal

A party in a contract whose identity is not revealed to the other party.