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QUESTION 10 Incapacity will NOT terminate an agency if: O A. A power of attorney was executed and accounted for such contingency OB. An agency
QUESTION 10 Incapacity will NOT terminate an agency if: O A. A power of attorney was executed and accounted for such contingency OB. An agency contract was executed which allowed for such an occurrence OC. A durable power of attorney was executed which accounted for such contingency OD. Incapacity in general will not terminate an agency QUESTION 11 Actual authority is : Power conferred upon agent by acts or conduct of principal that reasonably lead a third OA party to believe the agent has such power Power conferred upon an agent by suggestive acts that would lead the average person to . assume the agent had such power O C. Power conferred upon an agent by actual consent manifested by principal to agent Power conferred upon an agent by contingent conduct that would lead the reasonable OD. person to conclude that the agent had such authority QUESTION 12 Principal gave authority to agent to order items only from the North South Corp. Agent thereafter ordered items from the EastWest Corp. After the items came in, Principal approved the transaction from EastWest Corp. The Principal just: A. Misappropriated agent's actions OB. Conferred inherent authority on agent O Conferred actual authority on agent Ratified agent's actions OD
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