An agency by ratification occurs when the principal ________

A) accepts an unauthorized act created by an unauthorized agent
B) accepts an authorized act created by an authorized agent
C) creates the appearance of an agency that in actuality does not exist
D) accepts an act carried out under the implied authority of an agent

A

Business

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The level where managers develop overall business strategies and monitor the performance of the organization and the competitive business environment is the ___________ level.

A. Operational B. Strategic C. Managerial D. Communications

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A house that benefits from the desirability of its neighboring properties is an example of the principle of

a. balance b. contribution c. progression d. regression

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