The Agent's Ability to Transact Business on Behalf of and for the Principal

question 131

Multiple Choice

The agent's ability to transact business on behalf of and for the principal depends on whether the agent possesses:

• A) actual authority
• B) apparent authority
• C) quasi-authority
• D) actual or apparent authority
• E) actual or apparent authority or quasi-authority

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Definitions:

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Nerve Cells

Specialized cells that transmit electrical signals throughout the body, also known as neurons.

Neuron

A neuron is a nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Nerve Cell

A cell that transmits electrical signals to and from the brain and throughout the body, also known as a neuron.