An Agent Is Liable If He or She Acts for an Undisclosed

question 42

True/False

An agent is liable if he or she acts for an undisclosed principal.

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Definitions:

Geographic

Pertains to the study of Earth's surfaces, locations, and environments, including the relationships between people and their environments.

Perceived Environment

How individuals interpret or view their surroundings, which can greatly influence their thoughts, behaviors, and actions.

Strategy Formulation

The process of deciding the best courses of action for accomplishing organizational objectives and hence achieving organizational purpose.

High Differentiation

A strategy or condition where products, services, or organizations are distinctly different from those of competitors.