1. An agent does not have the power to effect the legal liability of a principal because the agent is merely the principal's representative.

True or False

2. An agent that commits a tort outside his/her scope of employment is solely liable for the tort.

True or False

3. Agency by Estoppel prevents one who has committed a crime from acting as an agent.

True or False

4. All partners regardless of their contribution to the firm have an equal voice in firm management, and decisions are by majority vote unless otherwise agreed.

True or False

5. If a sole proprietor dies, the sole proprietorship terminates even though the sole proporietor's heirs have acquired ownership of the business.

True or False