The Principal Is Liable for the Tortious Conduct of an Agent

question 13

True/False

The principal is liable for the tortious conduct of an agent who is acting within the scope of his or her authority.

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Definitions:

Ordinary Annuity

A succession of equivalent remittances occurring at regular intervals for a certain stretch of time.

Deferred Annuity

An insurance product that provides future payments to the holder, usually after retirement, where payments are delayed for a certain period.

Ordinary Annuity

A financial product resulting in a stream of payments to the holder at regular intervals over a specified period of time, typically at the end of each period.

Deferred Annuity

An insurance product that delays income payments until the investor elects to receive them, typically at retirement.