An Agent's Apparent Authority Ends When

question 71

Multiple Choice

An agent's apparent authority ends when:

• A)the principal revokes authority.
• B)the third party receives notice of the termination of agency.
• C)the principal loses capacity or dies.
• D)the agent's actual authority,both express and implied,ends.

---

Definitions:

Metric

A standard of measurement used to quantify performance, effectiveness, or efficiency in certain areas or processes.

Revenue

The total amount of money generated by a company from its normal business activities, typically from the sale of goods and services to customers.

Supply Chain Performance

A measurement of how effectively and efficiently a supply chain fulfills customer demands and operates in terms of cost, quality, and speed.

Transportation

The process or activity of moving goods and products from one location to another, a crucial component of the logistics and supply chain management.