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:

Situational Contingencies

External factors or conditions that influence and determine the effectiveness of managerial actions, leadership styles, or organizational strategies.

Locus Of Control

The extent to which people feel they have influence over events.

Perceived Ability

An individual's or group's belief about how capable they are of performing a particular task or function.

Leaderless Group

A type of group activity designed to assess individuals' leadership qualities and teamwork skills in the absence of a formal leader.