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Author Question: Which of the following is true with respect to the agency relationship? (Read 52 times)

cnetterville

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on: Aug 7, 2021
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.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by cnetterville on Aug 7, 2021

Sarahjh

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Reply #1 on: Aug 7, 2021
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.
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cnetterville

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

raili21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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