When a principal creates an impression of authority in an agent that leads a third party to conclude that the agent has authority to act for the principal, the agent is said to have:

a. implied authority b. express authority c. actual authority
d. apparent authority
e. none of the other choices

d

Business

You might also like to view...

Why is it important to manage employees as individuals who have different personalities and circumstances?

What will be an ideal response?

Business

Wells Fargo services are broken into three main sectors:

(a) personal finance, small business and commercial banking. (b) traditional banking, online banking and e-commerce. (c) checking, savings and investment. (d) consumer, merchant and B2B.

Business