Which of the following is true of implied authority?
A) It can contradict a principal's express statements.
B) It exists even when the principal has limited the agent's authority through clear instructions.
C) It is usually derived from a grant of express authority by the principal.
D) It exists only if there is a relevant grant of express authority.
Correct Answer:
Verified
Q31: Implied ratification arises when:
A)the principal's conduct justifies
Q32: _ occurs when a principal manifests assent
Q33: How does agency law stimulate business activity?
A)By
Q34: What are the two types of authority
Q35: What happens if a third-party gives proper
Q37: What are the two types of ratification?
A)Express
Q38: _ means that the principal's rights and
Q39: _ is the authority the principal wants
Q40: Maria authorizes Frederick to sell her Maria-branded
Q41: Which of the following is true regarding
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