Which of the Following Is True of Implied Authority

question 16

Multiple Choice

Which of the following is true of implied authority?

• A)It can contradict a principal's express statements.
• B)It exists even when the principal has limited the agent's authority through clear instructions.
• C)It is usually derived from a grant of express authority by the principal.
• D)It exists only if there is a relevant grant of express authority.

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Definitions:

Primary Shopper

The individual in a household or entity who is responsible for the majority of shopping decisions and purchases.

Disposable Income

The amount of income left for spending or saving after taxes have been deducted.

Psychosocial Factors

Elements that involve psychological and social aspects influencing individual behavior and well-being.

Free Trade Zone

A designated area within a country where goods can be imported, stored, handled, manufactured, or reconfigured without being subject to the country's standard import duty regulation.