Asked by
Kimberly Magallon
on Nov 28, 2024Verified
Romero employs Supply Procurement Service as an agent under a written agreement that describes the rights and duties of both parties. This is
A) apparent authority.
B) equal authority.
C) express authority.
D) implied authority.
Express Authority
Power granted by a principal to an agent through clear, direct communication.
Agent
An individual or entity authorized to act on behalf of another.
Written Agreement
A contract or agreement put in written form and typically signed by all parties involved.
- Determine the circumstances and methods by which an agent is empowered to represent a principal.
Verified Answer
KF
Learning Objectives
- Determine the circumstances and methods by which an agent is empowered to represent a principal.