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:

Performance Opportunity

A situation that offers the chance for a better future if the right steps are taken.

Performance Results

The outcomes or outputs produced by an individual, team, or organization, measured against intended goals or standards.

Effective Control

The process of ensuring that organizational activities are proceeding as planned and correcting any significant deviations.

Measurement of Results

The process of quantitatively and qualitatively assessing the outcomes of an action or event, to determine the extent to which objectives and goals have been achieved.