Question: A principal is liable only for harm resulting from his or her own negligence, and not in any other situation that results in the agent's

A principal is liable only for harm resulting from his or her own negligence, and not in any other situation that results in the agent's commission of a tort.

When a principal makes it possible for an agent to defraud a third party, the principal may also be liable for the fraud.

There is no need to notify any third party in order to terminate an agent's apparent authority.

A principal is liable only for harm resulting from his or

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The following are selected accounts and balances for Mergaronite Company and Hill, Inc., as of December 31, 2021. Several of Mergaronite's accounts have been omitted. Credit balances are indicated by...

This International Taxation coursework requires preparing a Form 114 (FBAR) for calendar year 2014. Please see the details of this coursework in attached files. Financial Crimes Enforcement Network...

Skim/Read through part of the contract. If i was Inland Architects which areas in the contract will most likely ask for changes. For each area what changes would be acceptable and what changes are...

Which one of the following best distinguishes between morals and ethics? Select one: A. Ethics provides guidance when a law is not applicable. B. Ethical situations involve distinction between right...

1 2 . A principal is liable only for harm resulting from his or her own negligence, and not in any other situation that results in the agent s commission of a tort.

A principal is liable only for harm resulting from his or her own negligence, and not in any situation that results in the agent's commission of a tort. a. True b. False

A principal is liable only for harm resulting from his or her own negligence, and not in any situation that results in the agent's commission of a tort. a . True b . False

Types of principals include all but which of the following? a. Disclosed principal b. Partially disclosed principal c. Undisclosed principal d. Implied principal 2. A(n) ________ principal is one...

Chapter 38 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

1 * In New Zealand a draft Act of Parliament is a Bill which passes through various stages of discussion and becomes law when signed by the British Queen's representative in NZ, the solicitor-general...

1.* A partner in a firm which gives negligent advice may personally liable for the adverse consequences 2. * A director in a limited company will usually be held personally liable for the...

Garden Grove Corporation made a sale to a foreign customer on September 15, Year 1, for 100,000 foreign currency units (FCU). Payment was received on October 15, Year 1. The following exchange rates...

Answer the following questions using the data from Problem 14.42: a. Using Î± = 0.05, test for the significance of the regression slope. b. Construct a 95% confidence interval for the...

This framework was issued in 1 9 9 6 ( and updated in 2 0 0 7 ) by the Information Systems Audit and Control Association ( ISACA ) because of the influence of IT over information systems, financial...

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....