Question

c. Alex has misrepresented the product he is selling. d. Once the policies are issued, misrepresentation is no longer an issue. 10. Stauffer Insurance Agency has entered into a contract to represent Great American Insurance Company. When Carol Nelson, an agent with Stauffer, is working with Great American to place the Dysart Trucking account, she is operating under ________ authority. (Search Chapter 3) a. apparent b. ratification c. ostensible d. express

          c. Alex has misrepresented the product he is selling.
d. Once the policies are issued, misrepresentation is no longer an issue.
10. Stauffer Insurance Agency has entered into a contract to represent Great American Insurance Company. When Carol Nelson, an agent with Stauffer, is working with Great American to place the Dysart Trucking account, she is operating under ________ authority.
(Search Chapter 3)
a. apparent
b. ratification
c. ostensible
d. express

c. Alex has misrepresented the product he is selling.
d. Once the policies are issued, misrepresentation is no longer an issue.
10. Stauffer Insurance Agency has entered into a contract to represent Great American Insurance Company. When Carol Nelson, an agent with Stauffer, is working with Great American to place the Dysart Trucking account, she is operating under authority.
(Search Chapter 3)
a. apparent
b. ratification
c. ostensible
d. express

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Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Zack A

07/29/2024

Step 1

Carol Nelson is an agent with Stauffer Insurance Agency, which has a contract to represent Great American Insurance Company. She is working with Great American to place the Dysart Trucking account. Now, let's look at the options: a. Apparent authority: This Show more…

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