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1.Which of the following is a distinguishing characteristic of the implied authority of an agent? It may be intuitively deduced by the agent's position. It

1.Which of the following is a distinguishing characteristic of the implied authority of an agent?

It may be intuitively deduced by the agent's position.

It typically takes the form of an informal power of attorney.

It is customarily limited to a short time period.

It is inherently inflexible and narrowly defined.

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