An Agency Relationship Created When One Party Adopts a Contract

question 72

True/False

An agency relationship created when one party adopts a contract entered into on his behalf by another who acted without authority at the time is legally known as an agency by estoppel.

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Definitions:

Achievable

Referring to goals or tasks that are possible to complete or attain with effort.

Organizational Justice

The perception of fairness in the workplace, including fair treatment, distribution of resources, and information sharing.

Herzberg's Two-Factor Theory

A motivational theory which suggests that there are certain factors in the workplace that cause job satisfaction, while a separate set of factors cause dissatisfaction.

Goldilocks Rule

suggests finding a balance in tasks or challenges that are neither too easy nor too difficult to maintain motivation and engagement.