Asked by Janiel Samuels on Jul 27, 2024
Verified
Charlena,a shelf-stocker,offers Megan the post of Vice-President of Procurement to express appreciation for Megan's hard work in stocking the shelves at Charlena's store,Thrift City.Megan creates business cards with her new title on them and uses one to purchase a new truck in Thrift City's name from Highway Auto.Which of these types of authority,if any,has Charlena given Megan?
A) Express authority
B) Operation of law authority
C) Apparent authority
D) Charlena has likely given Megan no authority
Operation Of Law Authority
Legal changes or transfers that occur automatically because of established laws, without the need for action by individuals.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of the principal, leading others to believe someone has the authority to act on behalf of the principal.
Express Authority
The explicitly given power or permission to act on behalf of another party, particularly in a legal or business context.
- Comprehend the different kinds of authority agents possess and the ways in which these authorities affect business procedures.
Verified Answer
Learning Objectives
- Comprehend the different kinds of authority agents possess and the ways in which these authorities affect business procedures.
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