Which of the Following Is Not a Requirement for Establishing

question 32

Multiple Choice

Which of the following is not a requirement for establishing that an agent has apparent authority?

• A)The agent did not have actual authority.
• B)The third party knew that the agent did not have actual authority.
• C)The principal 'held out' the agent as having authority to act on their behalf.
• D)The third party relied upon that holding out and assumed that the agent had actual authority.

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Definitions:

Traditionally

In a way that adheres to long-established customs, beliefs, or methods, typically passed down from generation to generation.

Premenstrual Syndrome (PMS)

A set of physical and psychological symptoms that occur in some women one to two weeks before menstruation.

Menstrual Cycle

The regular natural change that occurs in the female reproductive system that makes pregnancy possible.

Symptoms

Signs or indications of a disease or condition experienced by an individual.