Which of the Following Is a Feature of Agency by Estoppel

question 63

Multiple Choice

Which of the following is a feature of agency by estoppel?

• A) Under agency by estoppel,the principal is not bound unless she chooses to be.
• B) Under agency by estoppel,the agent is bound unless the principal ratifies the contract.
• C) Under agency by estoppel,the principal can be sued by the third party for breach of contract.
• D) Under agency by estoppel,the third party cannot be sued for breach of contract.

Analyze the factors determining the minimum required rate of return in different contexts.

Calculate margin and turnover components of ROI.

Determine appropriate investment opportunities based on residual income calculations.

Understand transfer pricing mechanisms within a corporation.

---

Definitions:

Experimentation

The act of trying out new ideas, methods, or activities to discover something unknown or to test a theory.

Volunteer Bias

The potential distortion in research results due to the characteristics of individuals who willingly choose to participate in studies.

Artificial Environment

An environment created by human beings as opposed to natural settings, often designed for specific purposes or research.

Privileged

Having special rights, advantages, or immunities not commonly accessible to all, often based on social, economic, or legal status.