Operation of Law Provides Agents with the Authority to Act

question 29

Multiple Choice

Operation of law provides agents with the authority to act beyond the authority granted by the principal when:

• A) an agent has a good idea
• B) an agent has an opportunity to make a profit for the principal through his actions
• C) an agent understands all the risks
• D) the principal fails to make the right decision
• E) none of the other choices are correct