A Principal Who Lacks Contractual Capacity Can Appoint an Agent

question 21

True/False

A principal who lacks contractual capacity can appoint an agent.

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Definitions:

Outsourcing Increase

The growing trend or act of contracting out tasks, functions, or jobs to external service providers or companies.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Suppliers

Businesses or individuals that provide goods or services to another entity, typically within a supply chain.

Chief Executive Officer

The highest-ranking officer in a company or organization, responsible for overall management and decision-making.