This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true with respect to the agency relationship? (Read 63 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
Which of the following is true with respect to the agency relationship?
◦ An agent acting gratuitously can never bind the principal.
◦ Actual authority is the authority the principal has implied in conversations with a third party.
◦ An agent's authority is limited to whatever authority the principal specifically gives the agent.
◦ 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 or her authority.
◦ An agent's apparent authority may be implied from the position that the agent holds in the employer's organization.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cnetterville on Aug 7, 2021

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Aug 7, 2021
:D TYSM


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library