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An Agent with No Express, Implied, or Apparent Authority to Do

question 13

Multiple Choice

An agent with no express, implied, or apparent authority to do so identified himself as an agent for his principal, and on behalf of his principal bought a computer. The principal refused to ratify the contract. On these facts, which of the following is true?


Definitions:

Circle Graph

A circular chart divided into sectors, each representing a proportion of the total; also known as a pie chart.

Sales Revenues

The total amount of money generated from the sale of goods or services before any expenses are subtracted.

Prescription Medicine

Medications that can only be obtained with a written order from a licensed healthcare provider.

Histogram

A graphical representation of data that groups numbers into ranges, showing the frequency of data points within those ranges as bars.

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