Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an agents implied authority a.is not always presen

An agents implied authority a.is not always present in a principal/agent relationship. b.can cause additional...

90.2K

Verified Solution

Question

Accounting

An agents implied authority

a.is not always present in a principal/agent relationship.

b.can cause additional liability to be imposed on the agent.

c.exists by virtue of being reasonably necessary to carry out the agents express authority

d.can only be disclaimed by the principal, not the agent

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Write the molecular formula of a salt that, when dissolved in water, produces the solution with...

Chemistry
Q

What are the arguments for and against rationing health care on the basis of age? As...

Psychology
Q

My question is would this lab procedure be a valid method of calculating the coefficient of...

Physics
Q

Explain the necessary requirements for effective market segmentation, including the criteria that should be used when determining...

General Management
Q

This article illustrates the political economy of international trade and the concept of comparative advantage. Explain...

General Management
Q

EFGH is a trapezoid with median bar AD and dicgonals bar EG and bar FH...

Algebra
Q

Help pls Required information Problem 14-4A (Algo) Straight-Line:...

Accounting
Q

Dirt Bikes Mountain Bikes Racing Bikes $ 928,000 $266,000 $ 403,000 $ 259,000 Total Sales...

Accounting
Q

is debt to asset ratio a liquidity, solvency, or profitability ratio is return on...

Accounting
Q

Lane Company manufactures a single product and applies overhead cost to that product using standard...

Accounting
Q

What term refers to the optimization of value-adding activities and elimination of nonvalue-adding activities that...

Accounting
Q

Shown below is an extract from the comparative statements of financial position and statement of...

Accounting