In Which of the Following Circumstances Will Delegation of an Agent's

question 4

Multiple Choice

In which of the following circumstances will delegation of an agent's authority NOT be permitted?

• A)Where the agent's duties are purely administrative.
• B)Where the agent determines that the delegation is in the best interests of the principal.
• C)Where the delegation arises out of necessity.
• D)Where the delegation is permitted by the principal either expressly or impliedly.

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Definitions:

Competitors

Other businesses or individuals offering similar products or services in the same market, vying for the same customer base.

Convenient Locations

Places that are easily accessible to customers, often chosen by businesses to enhance visibility and accessibility, leading to increased customer traffic.

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers, often using data analysis to study large amounts of information.

Private-label Merchandise

Products that are manufactured or provided by one company for offer under another company's brand, often found in retail to offer exclusive branding options to the retailer.