The Scope of an Agent's Authority May Be Determined from The

question 40

Multiple Choice

The scope of an agent's authority may be determined from the:

• A) express words of the principal.
• B) words or deeds of the principal.
• C) customs of the trade or business.
• D) all of the above.

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Definitions:

Extremes

The highest or lowest level of a math function on an interval.

Proportion

A part or share of a whole, often expressed as a ratio or fraction, indicating the relationship in size or amount between parts.

Means

The average that is derived by adding up all the values of a given series and dividing by the number of values.

Teaspoon

A small spoon typically used for measuring or stirring liquids, equivalent to about 5 milliliters in capacity.