Which of the Following Is Correct with Regard to the Capacity

question 55

Multiple Choice

Which of the following is correct with regard to the capacity of an agent?

• A) The incapacity of the agent disqualifies him from making a contract that is binding on his principal.
• B) Business associations do not have the capacity to act as agents.
• C) If an incompetent person who is not under guardianship appoints an agent,contracts made by that agent are voidable.
• D) Electronic agents,although not persons,are considered agents.

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Definitions:

Promotion

The advancement of an employee to a higher position or rank within an organization, typically associated with increased responsibilities, authority, and pay.

Total Compensation

The complete reward package a worker receives, including salary, benefits, bonuses, and any other form of pay for services.

Strategic Objectives

Long-term, overarching goals that an organization aims to achieve to implement its vision and mission.

Pay Discussions

Conversations between employees and employers or within organizations that revolve around salary, compensation, and benefits.