An Agent Will Have 'Authority by Estoppel' to Bind the Principal

question 63

Multiple Choice

An agent will have 'authority by estoppel' to bind the principal in circumstances in which the agent:

• A)Does not have actual authority but has apparent authority.
• B)Does not have actual or apparent authority but has behaved in good faith.
• C)Has not behaved in a manner that was unconscionable.
• D)Has implied authority.

---

Definitions:

Confession

The act of admitting to something, particularly acknowledging one's sins or wrongdoings, often within a religious or legal context.

Duress

A compulsion by threat or force; a condition in which a person acts as a result of pressure or coercion.

Jury

A jury is a group of people sworn to render a verdict in a legal case on the basis of evidence presented to them in a court.

Covariation Principle

A theory suggesting that people attribute behavior to causes that appear at the same time as the behavior and are absent when the behavior does not occur.