How Long Does an Agent's Apparent Authority Continue Once an Agency

question 88

Multiple Choice

How long does an agent's apparent authority continue once an agency relationship is terminated?

• A)It ends immediately
• B)24 hours
• C)7 days
• D)30 days
• E)Until the principal notifies third parties that the agency relationship has ended

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Definitions:

Single Index Model

A simplified methodology to estimate the returns of a security or portfolio using the performance of a single market index to explain the returns.

Actual Return

The actual gain or loss on an investment, expressed as a percentage of the investment's initial cost.

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, often based on government bonds.

Forecasted Market Return

An estimate of the total return anticipated from a market or an investment over a specified future period.