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Questions and Answers
A special power of attorney gives authority to a general agent who has general authority to act for the principal.
A special power of attorney gives authority to a general agent who has general authority to act for the principal.
False (B)
An executor who represents a deceased estate is an example of agency due to an agreement.
An executor who represents a deceased estate is an example of agency due to an agreement.
False (B)
Ostensible authority is also known as implied authority.
Ostensible authority is also known as implied authority.
False (B)
Unauthorised management is when someone undertakes the business of another with their authority.
Unauthorised management is when someone undertakes the business of another with their authority.
A general power of attorney gives authority to a special agent who has authority to do one particular act.
A general power of attorney gives authority to a special agent who has authority to do one particular act.
Looking after a neighbor's house is an example of ostensible authority.
Looking after a neighbor's house is an example of ostensible authority.
Authority may be inferred from the conduct of the so-called agent.
Authority may be inferred from the conduct of the so-called agent.
A curator who represents a person who has been declared incapable is an example of agency due to an agreement.
A curator who represents a person who has been declared incapable is an example of agency due to an agreement.
A partner or director has authority to represent someone else because of an agreement.
A partner or director has authority to represent someone else because of an agreement.
A trustee who represents an insolvent estate is an example of agency due to an agreement.
A trustee who represents an insolvent estate is an example of agency due to an agreement.
