Business Studies · Law of Agency
In which of the following situations would an agent have apparent authority?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2The agent's activities on behalf of the principal are usual for the circumstances but are not covered by their express authority
- 3A person tells third parties that they are acting as an agent for a principal but the principal is unaware of this
- 4A principal revokes their agent's authority but does not notify this to a third party✓
Correct answer
A principal revokes their agent's authority but does not notify this to a third party
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