In an Undisclosed Agency,both the Principal and the Agent Are

question 13

True/False

In an undisclosed agency,both the principal and the agent are liable on the contract with the third party.

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Definitions:

On-the-job Training

A method of professional development where employees acquire skills and knowledge during the course of their regular work activities, often under the guidance of experienced colleagues.

Vestibule Training

A training method where employees are trained in a separate space (a 'vestibule') using the equipment and tools that they will use in their actual work, but within a simulated work environment.

Work-based Program

An educational or training program that combines work experience with learning activities, often aimed at improving employability.

Big Five Personality

A theory describing five broad dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.