To Bind the Third Party, Restrictions on an Agent's Authority

question 72

Multiple Choice

To bind the third party, restrictions on an agent's authority must be:

• A)known to the third party.
• B)in contract form between the agent and principal.
• C)in writing.
• D)None of the above

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Definitions:

Preliminary Food

Initial or preparatory food items or courses served before the main meal.

First Task

The initial or primary action that needs to be accomplished at the beginning of a process or project.

Follow-Up Session

A meeting scheduled after an initial session to review progress, discuss challenges, and plan future steps.

Set Goals

The act of establishing specific, measurable, achievable, relevant, and time-bound targets or objectives.