An Agent Cannot Bind the Principal in a Contract with a Third

question 154

True/False

An agent cannot bind the principal in a contract with a third party unless there is an agency contract between the principal and the agent.

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Definitions:

Deaths

The occurrence of the permanent cessation of all vital functions in a living organism, marking the end of life.

Degrees of Freedom

Refers to the number of independent values or quantities that can vary in a statistical analysis without breaking any constraints.

ANOVA F Test

A statistical test used in analysis of variance (ANOVA) to determine if there are significant differences between the means of three or more groups.

Explanatory Variables

Variables in a statistical model that are used to explain variations in the dependent variable.