Which of the Following Is True with Respect to the Agency

question 186

Multiple Choice

Which of the following is true with respect to the agency relationship?

• A) Actual authority is the authority the principal has implied in conversations with a third party.
• B) An agent acting gratuitously can never bind the principal.
• C) When a principal has specifically limited the authority of the agent, that agent can never bind the principal in a contract, even if the agent acts outside his authority.
• D) An agent's authority is limited to whatever authority the principal specifically gives the agent.
• E) An agent's apparent authority may be implied from the position that the agent holds in the employer's organization.

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Definitions:

Communication Style

The characteristic way in which an individual expresses themselves verbally and nonverbally when communicating with others.

Therapeutic Touch

A holistic approach to healing that involves a practitioner passing their hands over a patient's body to rebalance energy.

Kinesthetic

Relating to kinesthesia; the sense of movement and bodily position.

Communication Style

The characteristic way in which an individual expresses themselves verbally and non-verbally in interpersonal interactions.