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When Applying the “Elaboration Likelihood Model of Persuasion,” You Should

question 101

Multiple Choice

When applying the “Elaboration Likelihood Model of Persuasion,” you should

Distinguish between disclosed, partially disclosed, and undisclosed principals and the legal implications of each status.
Comprehend the effects of termination of agency on the authority and liability of the agent.
Recognize the conditions under which a principal can ratify unauthorized acts of an agent.
Learn about the principles governing liability for tortious acts committed by agents.

Definitions:

Conforming

Adhering to or complying with a set standard, rule, or norm.

Non-conforming

Refers to a property or product that does not meet local zoning or building standards.

Shipment Contract

A contract under which a seller turns goods over to a carrier for delivery to a buyer. Both the title and risk of loss pass to the buyer when the goods are given to the carrier.

Proper Tender

A legal and financial term referring to the act of offering to deliver what is due under a contract, specifically in a manner that fulfills all conditions attached to the payment or delivery.

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