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Which of the Following Statements Is Correct

question 13

Multiple Choice

Which of the following statements is correct?


Definitions:

Expressly Stated

Expressly stated refers to something clearly and directly communicated in words, with no need for interpretation or inference.

Implied Authorization

An understanding that an agent has the approval to perform acts that are reasonably necessary to accomplish the purpose of an agency.

Offeror

The person or entity who makes a proposal or offer, especially in a contractual context.

Objective Standards

Criteria or benchmarks that are not influenced by personal feelings, interpretations, or prejudice; based on facts.

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