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What Option Does a Principal Have If the Agent Has

question 34

Short Answer

What option does a principal have if the agent has acted beyond both actual and apparent authority, but the principal wants to proceed with the agreement?


Definitions:

Maturity Principle

The concept that individuals tend to become more emotionally stable and socially responsible as they age, often showing increased conscientiousness.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and a desire to do a task well, often associated with high levels of productivity and goal-oriented behavior.

MMPI-2

A comprehensive psychological test that assesses personality traits and psychopathology, often used for diagnosing mental disorders.

Work Attitudes

Relate to feelings and beliefs that employees have about their jobs which can affect their work behavior and performance.

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