Richard Writes a Letter to Sarah Authorizing Her to Sell

question 74

Multiple Choice

Richard writes a letter to Sarah authorizing her to sell his car and sends a copy of the letter to Saxton, a prospective purchaser.The next day, Richard sends a letter to Sarah revoking her authority, but he fails to notify Saxton .Sarah:

• A) is empowered under the doctrine of respondeat superior to negotiate the contract.
• B) has apparent authority with respect to Saxton to sell the car.
• C) has implied authority to sell the car to Saxton .
• D) has actual authority to sell the car to Saxton .

Understand various research methodologies used in studies, including their design and purposes.

Grasp the concept and importance of longitudinal studies in understanding developmental and psychological processes.

Comprehend the significance and readability levels of informed consent forms in clinical research.

Learn the symbols and meanings of statistical measures used in research analysis.

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Definitions:

Cumulative Profit

The total profit generated over a period of time, adding up individual profits from successive time periods.

Cumulative Net Profit

The total net profit of an entity over a period, accumulating all the net profits and losses from each period within the timeframe.

Fourth Year

Usually refers to the final year of a four-year educational program, such as a high school or university degree.

Probability

The likelihood of a specific event or outcome occurring, expressed on a scale from 0 (impossible) to 1 (certain).