Unless Otherwise Agreed,an Agent Making a Contract for an Unidentified

question 56

True/False

Unless otherwise agreed,an agent making a contract for an unidentified principal is not a party to the contract.

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Definitions:

Customer Order

A request made by a customer to purchase goods or services, which typically includes specific details such as quantity and delivery requirements.

Customer Communication

The two-way information flow between the firm and its customer.

Info Completeness

Refers to the extent to which information is whole, full, or includes all necessary components.

Lifetime Value

The net present value of a customer’s business over the span of his or her relationship with an organization.