Which of the Following Is a Document That Gives an Agent

question 37

Multiple Choice

Which of the following is a document that gives an agent authority to sign legal documents on behalf of the principal?

• A) Order of authority
• B) Power of order
• C) Legal empowerment
• D) Power of attorney
• E) Respondeat superior

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Definitions:

Government Resource Allocation

The process by which government entities decide how to distribute resources and funds between various projects or sectors.

Competitive Forces

The external factors that influence the competitive position of a firm within an industry, including competition from rivals, potential new entrants, substitute products, bargaining power of suppliers, and bargaining power of customers.

Marginal Benefits

The additional benefits received from consuming or producing one more unit of a good or service.

Marginal Costs

The additional cost incurred in the production of one additional unit of a good or service.