Which Is the Best Example of a "Social Convoy

question 40

Multiple Choice

Which is the best example of a "social convoy"?

• A)A newly married couple
• B)Generation X
• C)Several adult lifelong friends
• D)A retired individual who plans to move to a community with other retirees

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Definitions:

Apparent Authority

The appearance or assumption of authority based on the actions or statements of the presumed principal, irrespective of whether true authority exists.

Actual Authority

The express and implied powers given to an agent by a principal, allowing the agent to make legally binding decisions.

Principle Of Estoppel

A legal doctrine preventing an individual or entity from making assertions or from going back on their word where actions or declarations have been made that others have relied upon.

Agency Relationship

A legal arrangement where one party, the agent, is authorized to act on behalf of another, the principal, in business transactions.