L A of Busi. Sec. Q97

0. The doctrine of apparent authority applies:
I. where a person allows another who is not his agent to appear as his agent
II. where a principal allows his agent to appear to possess more authority than he actually has
III. where the principal reserves or limits the authority of an agent which the agent would have in the ordinary course of business, but does make this known to third parties
IV. where the principal allows it to appear that the agent has authority although his authority has been terminated

Answer
Comment
Array

Option : D
Explanation :

Forgot your password?

I agree with the Terms.