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

question 40

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.

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Definitions:

Ex-spouses

Individuals who were once married to each other but have since been legally divorced.

Remarriage

The practice of entering into a new marriage following the dissolution of a previous marriage through divorce or the passing away of a spouse.

Siblings

Individuals who share at least one parent in common, including brothers and sisters, both full and half.

Noncustodial Fathers

Fathers who do not have legal custody of their child/children, and thus the children reside primarily with the other parent.