Which of the Following Is True of an Apparent Agency

question 49

Multiple Choice

Which of the following is true of an apparent agency?

• A) The authority of an apparent agent is implied from the conduct of the parties.
• B) The third-party is not bound to a contract created by an apparent agent.
• C) The principal is bound to the contracts entered into by an apparent agent.
• D) The actions of an apparent agent create an apparent agency.

Explore the significance of ecological speciation and the impact of environmental factors on speciation processes.

Understand horizontal gene transfer and its exclusion from mechanisms that drive speciation.

Understand the concepts and mechanisms of speciation, including sympatric and allopatric speciation.

Describe the role of genetic variation and natural selection in the evolution of species.

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period of time.

Put Option

A financial contract giving the holder the right to sell a specified amount of an underlying asset at a set price before a certain date.

GM Stock

Equity shares issued by General Motors Company, a major automotive manufacturer based in the United States.

Strike Price

The predetermined price at which the holder of a options contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.