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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Which of the following is true regarding the form of authority upon which an agency relationship may be created?
| Agency relationships can be created through expressed agency, but not through implied authority, apparent agency, or through ratification. |
| Agency relationships can be created through expressed agency or through implied authority, but not through apparent agency or through ratification. |
| Agency relationships can be created through ratification, but not through implied authority, apparent agency, or expressed authority. |
| Agency relationships can be created through ratification or expressed agency, but not through implied authority or apparent agency. |
| Agency relationships can be created through expressed agency, implied authority, apparent agency, and ratification. |
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