An Agent's Apparent Authority Ends When

question 71

Multiple Choice

An agent's apparent authority ends when:

• A)the principal revokes authority.
• B)the third party receives notice of the termination of agency.
• C)the principal loses capacity or dies.
• D)the agent's actual authority,both express and implied,ends.

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Definitions:

Entropy

A measure of disorder or randomness in a system, often associated with the second law of thermodynamics describing the direction of physical processes and energy dispersion.

Randomness

The lack of pattern or predictability in events.

System

A set of interacting or interdependent components forming an integrated whole, often within a scientific or engineering context.

ΔG°

The standard change in Gibbs free energy associated with a chemical reaction at standard conditions, indicative of the reaction's spontaneity.