Express Authority Consists of the Agent's

question 64

Multiple Choice

Express authority consists of the agent's:

• A) inability to conduct business for the principal
• B) ability to mingle his funds with those of the principal
• C) written or oral instructions from principal to agent
• D) ability to hold power of attorney for the principal
• E) ability to withhold services in the event of nonpayment by the principal

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Definitions:

Electronic Configuration

The distribution of electrons of an atom or molecule in atomic or molecular orbitals.

Boron

A lightweight, semimetallic element, used in compounds to enhance strength, hardness, and resistance to chemical change.

Natural Rubber

A polymer of isoprene (2-methyl-1,3-butadiene) harvested mainly from the latex of the rubber tree; it's elastic, water-resistant, and used in various products like tires and gloves.

Petroleum Products

Refined products obtained from the processing of crude oil, such as gasoline, diesel, and kerosene.