Apparent Authority May Exist

question 1

Multiple Choice

Apparent authority may exist:

• A) only if actual authority has been conferred on the agent.
• B) if a principal has unintentionally permitted third persons to believe a person is him/her agent.
• C) if the principal specifically describes the extent of the agent's powers in writing or orally and makes him/her a special agent.
• D) when the conduct of the principal causes a third person reasonably to believe that another has the authority to act for the principal.

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Definitions:

Work Experience

The accumulation of employment history and skills acquired by an individual over time.

Greater Flexibility

An increased ability to adapt or respond to changing conditions or situations without significant loss of functionality or efficiency.

Employment Manual

A firm’s handbook or written statement that specifies the policies and procedures that govern the firm’s employees and employer-employee relationships.

Casual Dress Code

A relaxed and informal style of clothing allowed or prescribed in certain environments, emphasizing comfort and personal expression.