Which of the Following Is a Party Who Has Authority

question 40

Multiple Choice

Which of the following is a party who has authority to act on behalf of and bind another party?

• A) An agent
• B) A principal
• C) A warrantor
• D) A transferor
• E) A real endorser

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Definitions:

Symbolic Function

A cognitive ability emerging in early childhood, allowing for the representation of objects, events, and ideas through symbols such as words or images.

Conservation

Piaget’s term for awareness that two objects that are equal according to a certain measure remain equal in the face of perceptual alteration so long as nothing has been added to or taken away from either object.

Symbolic Function

The ability to use symbols or abstract signs to represent something beyond direct experience.

Mental Representations

Internal images, ideas, or thoughts that stand in for objects, events, or relations in the outside world, aiding in cognition and perception.