Explain for Each of the Following Statements Whether the Agent

question 21

Essay

Explain for each of the following statements whether the agent has liability to the third party.
a.The agent enters into a contract on behalf of its principal with a third party.Unknown to the agent,its principal had died two months previously.
b.The agent acts on behalf of an undisclosed principal.The agent acting on behalf of the principal enters into a contract with the third party.The contract is made in the agent's name,and the circumstances surrounding the contract show that the agent categorically described himself as a principal throughout the negotiations.
c.The agent enters into a contract with the third party but represents himself neither as a principal nor an agent.
d.The agent enters into a contact with the third party.Prior to entering the contract,the agent advised the third party that he was acting on behalf of a principal that did not wish to disclose its name at the present time.

Understand the influence of cultural differences on attributions and social behavior.

Grasp the concept of cognitive dissonance and its role in attitude change.

Identify the effects of group dynamics on perception and behavior, including outgroup homogeneity.

Differentiate between prejudice, discrimination, and their underlying attitudes and behaviors.

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Definitions:

Systematic Analyses

The thorough and detailed examination of data or processes, following a methodical plan or procedure, to understand their structure or function.

Judicious Application

The careful and wise use of a principle or resource in a particular situation.

Qualitative Methods

Research methods that collect and analyze non-numerical data to understand concepts, thoughts, or experiences.

Quantitative Methods

Research techniques that focus on quantifying measurements and analyzing data statistically.