Regarding the Effect of Termination of Agency on Authority, the General

question 81

Multiple Choice

Regarding the effect of termination of agency on authority, the general rule of the Third Restatement is that:

• A) the termination of actual authority automatically terminates any apparent authority held by the agent.
• B) it is reasonable for third parties to assume that an agent's actual authority continues unless and until the third party has notice of circumstances that make it unreasonable to continue that assumption.
• C) apparent authority continues until the third party with whom the agent has previously dealt on credit receives constructive notice of termination.
• D) apparent authority ends only upon actual notice, either oral or written, to the third party.

---

Definitions:

Occupational Equality

Refers to the concept of ensuring equitable opportunities, conditions, and remuneration for all workers, regardless of gender, race, or other potentially discriminating factors.

Gender Revolution

Significant changes in gender roles and expectations, challenging traditional norms and leading to greater gender equality.

Global Division

The differentiation or classification of the world into distinct political, economic, or cultural regions with varying levels of development, wealth, and power.

Gendered Component

Aspects of society or culture that are influenced by or specifically relate to the differences between genders.