What Type of Authority Exists When a Principal's Behaviour Leads

question 50

Multiple Choice

What type of authority exists when a principal's behaviour leads a third party to reasonably believe that someone has the authority to act as an agent, even though no such agency actually exists?

• A) implied
• B) secondary
• C) implicit
• D) apparent

Familiarity with the legal consequences of non-compliance with human rights and employment equity legislations.

Understand the financial implications of product discontinuation.

Analyze the benefits and drawbacks of alternative cost structures.

Determine the break-even point for new and existing products.

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Definitions:

Permissiveness

A parenting or leadership style characterized by the allowance of freedom of behavior and self-expression, often with minimal control or restrictions.

Rigidity

The lack of flexibility or adaptability in thinking, systems, or physical objects.

Discipline

The practice of training oneself or others to obey rules or norms by using a system of rewards and punishments.

Crisis

A significant threat to operations or resources, requiring urgent attention and decision-making to mitigate its effects.