Which of the following statements about authority is NOT correct?

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Which of the following statements about authority is NOT correct?

A) Express authority is determined by a principal’s conduct.

B) Express authority is granted by means of the agent’s contract.

C) Implied authority is not overtly extended in the agent’s contract but does permit many of the agent’s operations.

D) Apparent authority can be assumed from the actions of the principal.

Answer: A) Express authority is determined by a principal’s conduct.

The above question Which of the following statements about authority is NOT correct?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.

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