Multiple Choice
A principal gives an agent express authority to "do what it takes to get my car running right." The authority that the agent has to enter into contracts for the purchase of auto parts is:
A) apparent authority
B) authority by estoppel.
C) inherent authority.
D) express authority.
E) implied authority.
Correct Answer:

Verified
Correct Answer:
Verified
Q114: With regard to an implied agency,implied authority
Q115: Agents are generally permitted to engage in
Q116: An agent owes a _ duty not
Q117: A principal has a duty of compensation:<br>A)
Q118: A principal is liable for the innocent,but
Q120: Agents are prohibited from competing with the
Q121: The principal and the agent are each
Q122: Apparent agency is also known as agency
Q123: As a general rule,an agent is liable
Q124: Where an apparent agency is established,the principal