Agency
Which of the following best describes 'apparent authority' in a Louisiana agency context?
AAuthority explicitly granted in a written agency agreement
BAuthority an agent appears to have based on the principal's conduct, even if not formally granted✓ Correct
CAuthority granted by the LREC to act as a dual agent
DAuthority to act in an emergency without prior approval
Explanation
Apparent (ostensible) authority arises when a principal's words or conduct lead a third party to reasonably believe that an agent has authority to act, even if the principal has not formally granted that authority.
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