Which of the Following Is an Incorrect Statement Regarding the Principal-Agent

question 72

Multiple Choice

Which of the following is an incorrect statement regarding the principal-agent relationship in Japan?

• A) Agents need not disclose whom they are representing.
• B) Third parties often require proof that agents are acting on behalf of a particular principal.
• C) The agent must have expressed authority to act.
• D) Principals are held liable for acts of agents within their limited range.

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Definitions:

Procrastination

The act of delaying or postponing tasks, decisions, or actions, often leading to stress, anxiety, and reduced productivity.

Same Amount

The equal quantity or degree in two or more entities.

Self-Control

The ability of an individual to regulate their emotions, thoughts, and behaviors in the face of temptations and impulses.

Late

Delayed beyond the expected or usual time.