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

question 79

Multiple Choice

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

• A) 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.
• B) the termination of actual authority automatically terminates any apparent authority held by the agent.
• C) apparent authority ends only upon actual notice, either oral or written, to the third party.
• D) apparent authority continues until the third party with whom the agent has previously dealt on credit receives constructive notice of termination.

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Definitions:

Scan

The process in which a PLC systematically checks its input conditions and updates its outputs accordingly, forming one cycle of its operation.

Direction

A term that specifies orientation or course of motion; in technical contexts, it often relates to the flow of data, operations, or movements in systems and machinery.

Ladder Logic

A graphical programming language used in programmable logic controllers (PLCs) that represents electrical control circuits with rungs of logic operations.

Rungs

The horizontal lines found in ladder logic diagrams representing electrical circuits, where each rung signifies a unique control element or condition.