Question
Which of the following is correct with respect to an agent's performance of his/her duties? a.The agent may provide at the expense of the principal,
Which of the following is correct with respect to an agent's performance of his/her duties?
a.The agent may provide at the expense of the principal, if the agent comes into some previously unknown information.
b.An agent's apparent authority may be implied from the position that the agent holds in the employer's organization.
c.When a principal has specifically limited the authority of the agent, that agent can never bind the principal in a contract, even if the agent acts outside his authority.
d.An agent's authority is limited to whatever authority the principal gives the agent.
e.Actual authority is the authority the principal has implied in conversations with a third party.
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