A Person Who Purports to Act as Agent for a Principal

question 18

True/False

A person who purports to act as agent for a principal whom both the agent and the third party know to be wholly incompetent is personally liable on a contract entered into with a third person on behalf of such a principal.

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Definitions:

Employee Hourly Wage

The amount of money paid to an employee for one hour of work.

Content

Information and experiences created and shared through various media to inform, entertain, or engage an audience.

Relative Pull

The degree to which a product, service, or content attracts interest or engagement in comparison to competing options.

Sales Conversion

Sales conversion is the process of turning a prospect or lead into a paying customer, often measured as a ratio or rate in the context of sales and marketing efforts.