Which of the Following Is True of an Apparent Agency

question 8

Multiple Choice

Which of the following is true of an apparent agency?

• A)The authority of an apparent agent is implied from the conduct of the parties.
• B)The third-party is not bound to the contract created by an apparent agent.
• C)The principal is bound to the contracts entered into by an apparent agent.
• D)The actions of an apparent agent create an apparent agency.

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Definitions:

Upward Counterfactual

Thinking about how a situation could have turned out better, often leading to feelings of regret.

Magical Thinking

Believing that one’s thoughts, wishes, or desires can influence the physical world or that events are connected in ways that defy scientific principles.

Counterfactual

Thinking that involves imagining alternative scenarios and outcomes that might have happened, but did not.

Short-term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.