An authorised agent may be entitled to make which of the following on behalf of the principal?

Week 7

Quiz
•
Social Studies
•
University
•
Hard
by azura
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Statements
Payments
Contracts
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is least likely to be Angie's agent?
Angie's stockbroker
Angie's employer
Angie's real estate agent
Angie's partner
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A agent with broad but restricted authority to act on behalf of the principal is referred to as a:
universal agent
special agent
general agent
mercantile agent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a type of authority?
Implied actual authority
Express apparent authority
Express actual authority
Ostensible authority
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Authority for the agent to act on behalf of the principal may be implied:
in order to give business efficacy to a contract
to permit the agent to complete the task given to them by the principal
if the agent has been granted such authority in the past
all of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a requirement that must be satisfied in order to establish the existence of apparent authority
The third party knew that agent did not have actual authority
The principal 'held out' the agent as having authority to act on their behalf
The third party relied upon that holding out, and reasonably assumed that the agent had actual authority
None of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A commision is a type of:
indemnity
reimbursement
remuneration
liability
Create a free account and access millions of resources
Similar Resources on Wayground
15 questions
Public Education

Quiz
•
10th Grade - University
20 questions
CHAPTER 3_FUNDAMENTAL OF SPORTS MANAGEMENT

Quiz
•
University
20 questions
Introduction to Comparative Government and Politics

Quiz
•
12th Grade - University
16 questions
Unit 2 West African Kingdoms Vocabulary Quiz Bayou Bridges

Quiz
•
5th Grade - University
20 questions
Founding Principles & Documents Quiz

Quiz
•
8th Grade - University
16 questions
AS Sociology

Quiz
•
12th Grade - University
16 questions
SPEAK OUT: Professions

Quiz
•
6th Grade - University
15 questions
Forming a Business

Quiz
•
8th Grade - University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade