Which of the Following Is True Regarding Express Authority

question 20

Multiple Choice

Which of the following is true regarding express authority?

• A) It may be given by the principal's actual words but not by action.
• B) It may be given by written contract only.
• C) It may be given by the principal's actual words and also by an action that indicates the principal's consent.
• D) It may be given by action but only after a contract of agency has been signed.

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Definitions:

Nonprofit Organizations

Entities that operate for a purpose other than generating profit, often focusing on addressing social, educational, charitable, or religious objectives.

Logic Model

A systematic and visual way to present the relationship between the resources, activities, outputs, and expected outcomes of a program or project.

Financial Management

The strategic planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization.

Statistical Benchmarking

The process of comparing processes, performance metrics, or outcomes against recognized standards, typically using statistical methods.