Annuity payments will adjust for inflation over the years of retirement

If a third party is led to reasonably believe that an agent is acting within the scope of his/her authority, even though the agent is exceeding his/her authority, the principal may still be bound by the agent's actions

In this case, the agent has bound the principal by A) implied authority. B) apparent authority. C) incidental authority. D) express authority.

The security administrator must define the set of events that are subject to audit

Indicate whether the statement is true or false.