Which of the Following Is True About Implied Authority

question 58

Multiple Choice

Which of the following is true about implied authority?

• A)It is the sole determinant of a partner's actual authority.
• B)It is determined with reference to what is usual business for partnerships of the same general type.
• C)It exists because it reasonably appears to a third party that a partner has authority to do an act.
• D)It may contradict a partner's express authority.

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Definitions:

Cortisol

A hormone released by the adrenal glands in response to stress or low blood glucose.

Blood Sugar

The concentration of glucose in the blood, an important energy source for the body's cells.

Hypothalamus-Pituitary-Adrenal Cortex

A major part of the endocrine system that controls reactions to stress and regulates many body processes including digestion, the immune system, mood and emotions.

Hormonal-Pubertal-Adrenal Circuit

A system involving the interaction of hormones associated with puberty and the adrenal glands, affecting physical development and stress responses.