A person who is delegated the authority to act only in a particular kind of transaction, under definite instructions, and with specific limits on the scope of his or her authority, is called a:
A) general agent.
B) hired agent.
C) special agent.
D) super-agent.
Correct Answer:
Verified
Q4: When the agent informs the third party
Q5: A principal is not responsible to third
Q6: The authority of an agent to perform
Q7: Agents are usually classified according to the
Q8: It is often necessary or desirable for
Q10: The legal document formally creating an agency
Q11: An agency by ratification results when a
Q12: A person who represents another is known
Q13: Anyone who is legally competent to act
Q14: A principal must pay the agent the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents