Question: 21. A is a written document, created by a principal, expressing his or her wishes for an agent's authority not to be affected by the

21. A is a written document, created by a

21. A is a written document, created by a principal, expressing his or her wishes for an agent's authority not to be affected by the principal's subsequent incapacity. A. General purpose power of attorney B. Living power of attorney C. Notarized power of attorney D. Durable power of attorney E. Lasting power of attorney 22. Which of the following types of agency occurs when a principal leads a third party to believe another individual serves as his or her agent; but, the principal has actually made no agreement with the so-called agent? A. Expressed agency B. Implied agency C. Apparent agency D. Ratification E. Endorsement 23. Which of the following is another name for apparent agency? A. Simplified agency B. Equitable agency C. Agency by law D. Agency by estoppel E. Approved agency 24. Which of the following are types of business relationships to which agency laws are relevant? A. Principal-agent B. Employer-employee C. Employer-independent contractor D. All the above E. Principal-agent and employer-employee, but not employer-independent contractor 33-5

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