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A. Actions or conduct by the principal causing a third party to believe the agent has authority to make contracts on behalf of the principal

A. Actions or conduct by the principal causing a third party to believe the agent has authority to make contracts on behalf of the principal describes the concept known as..

A) apparent authority.
B) actual authority.
C) delegated authority.
D) contractual authority.
E) authority-in-fact.

B.The statute that requires certain kinds of contracts to be in the form of a signed writing to be valid is called the statute of...

A) estoppel.
B) frauds.
C) repose.
D) writings
E) formation.

C. An area of commercial law consisting of the rules society recognizes and enforces when one person acts on behalf of another to create legal relations with a third party.:

A) administrative law.
B) agency law.
C) employment law.
D) tort law.
E) authority law.

D. Transferring risk from Party A to Party B in the event of certain occurrences that could cause a loss to Party A is called a(n)...

A) trust arrangement.
B) insurance contract.
C) will instrument.
D) insurable interest arrangement.
E) estate agreement.

E. This act was established for protection and requires all federal agencies to assess surrounding impacts of all Federal projects.

A) Clean Water Act (CWA).
B) Oil Pollution Control Act (OPCA)
C) National Environmental Policy Act (NEPA).
D) Resource Conservation and Recovery Act (RCRA)
E) Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).

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