Apparent Authority: Definition, Cases & Example

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Apparent authority can BEST be described as _____.

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1. In order for apparent authority to exist, certain elements must be present. One of these elements is _____.

2. Which of the following statements is TRUE regarding apparent authority?

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About This Quiz & Worksheet

Apparent authority is a term used in business, and this quiz/worksheet combo will help you test your understanding of how apparent authority is used when making business transactions. Some of the topics you'll be assessed on are the definition of apparent authority and how apparent authority is established.

Quiz & Worksheet Goals

In these assessments you'll be tested on:

  • The definition of apparent authority
  • Establishing apparent authority in a business transaction

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related apparent authority lesson
  • Interpreting information - verify that you can read information regarding this business term and interpret it correctly
  • Information recall - access the knowledge you've gained regarding apparent authority
  • Knowledge application - use your knowledge to answer questions about the definition and establishment of apparent authority, as well as its application in business situations

Additional Learning

To learn more about this topic, review the accompanying lesson on Apparent Authority. This lesson covers the following objectives:

  • Define apparent authority
  • Understand how apparent authority relates to business transactions
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