Question: An Agent is said to have apparent authority when Group of answer choices There is some connection between the Principal and Agent. A third party

An Agent is said to have apparent authority when

Group of answer choices

There is some connection between the Principal and Agent.

A third party reasonably believes that the Agent is acting on behalf of the Principal.

There is an implied understanding between the Principal and Agent.

The Principal and Agent reside in the same state.

There is an express agreement between the Principal and Agent.

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