In a Simple Contract Made by an Authorized Agent on Behalf

question 38

True/False

In a simple contract made by an authorized agent on behalf of a disclosed principal, the third person may sue either the agent or the principal in the event of a breach.

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Definitions:

Characteristics

Traits or attributes that distinguish an individual, group, or thing from others.

Leader-member Exchanges

The quality of the relationship and interaction between leaders and their followers, impacting organizational dynamics.

Organizational Benefits

Advantages or gains that an organization receives, which can include increased efficiency, higher employee satisfaction, or improved public image.

In-group Relationships

Connections within a group where members identify and support one another, often contrasting with those outside the group.