1. Match the description on the left with the correct agency terminology on the right Those who perform a task on behalf of a principal agent Form of agency that grants another the power to enter into only certain types of transactions independent contractor Person who performs a task for another but is not under) their direct control power of attorney Compilation of principles of agency law followed by many states Restatement of Agency Form of agency that grants another the power to enter) into transactions special power of attorney N 2. Match the description on the left with its name on the right. - written or spoken authority Actual authority ar onty Authority from business custom om Agency by estoppel Principal makes others believe that there is an agency relationship Apparent authority Authority from appearance Express authority Express and implied implied Authority authority 6 COLONTP, Lidiny Of Principals 3. Which of the following is another word or term for "apparent authority"? a. Agency by estoppel O b. Ratification c. Express authority O d. Unincorporated association 4. What is required for a valid ratification by the principal? O a. Principal voluntarily agrees to ratify O b. Agent agrees to remain liable on the contract O c. The principal has knowledge of the contract terms AND the principal voluntarily agrees to ratify E O d. Principal has knowledge that a contract exists 5. In the Lucini Italia v. Grappolini case, the issue was whether the agent had breached his fiduciary duty O a. True O b. False