The Principal Is Bound by Representations That

question 11

Multiple Choice

The principal is bound by representations that:

• A) are necessary for the agent to make in order to accomplish the purpose of the agency since they would be apparently authorized.
• B) the agent is expressly authorized to make.
• C) the agent makes even if the third person is aware that the agent has exceeded his actual authority.
• D) may not be customary in the kind of business being transacted by the agent.

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Definitions:

Rate Of Interest

The percentage charged on the total amount of borrowed money or paid on invested capital.

Cardiovascular Disease

A group of conditions affecting the heart or blood vessels, encompassing coronary artery disease, hypertension, heart failure, and stroke.

Chronic Diseases

Long-lasting conditions that often require ongoing medical attention or limit activities of daily living, such as diabetes, heart disease, and cancer.

Infectious Disease

Illnesses caused by pathogens such as viruses, bacteria, fungi, or parasites that are contagious.