If an Agent Is Appointed to Engage in Illegal Acts

question 17

Multiple Choice

If an agent is appointed to engage in illegal acts on behalf of the principal:

• A)the agent's appointment can be terminated by principal or agent without notice.
• B)the agent's appointment is automatically terminated.
• C)any contract negotiated by the agent on behalf of the principal, while enforceable in a civil court, will attract criminal penalties.
• D)the third party will not be bound to honour the contract with the principal but the agent's appointment will be valid.

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Definitions:

Uninsured

Referring to individuals or entities that lack health insurance coverage, which can result in limited access to healthcare services and financial hardship in the event of illness or injury.

Affordable Care Act

A comprehensive health care reform law enacted in 2010 in the United States, aimed at increasing health insurance coverage and reducing the costs of healthcare.

Claim-right

A right which entails obligations or duties on others to respect or fulfill that right.

Statutory Right

A legal right granted by a specific statute or legislation enacted by a governmental body.