An Agent May Have Apparent Authority to Act on Behalf

question 33

Multiple Choice

An agent may have apparent authority to act on behalf of the principal:

• A)Even in the absence of actual authority.
• B)Even if the third party did not know they were an agent.
• C)Even in the absence of a 'holding out' by the principal.
• D)Even if the third party has not acted in good faith.

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Definitions:

Explicit Comparison

A direct and clear contrast or assessment between two or more items, concepts, or phenomena.

Emotional Intelligence

The ability to perceive, understand, manage, and use emotions effectively in oneself and in relation to others.

Accurately Perceive Emotions

The ability to correctly identify and understand one's own emotions as well as those of others.

Analyze Emotions

The process of examining and understanding one's own feelings or the emotional content of a situation.