If an Agent Is Acting Within His or Her Authority

question 33

Multiple Choice

If an agent is acting within his or her authority on a contract involving an undisclosed principal, the agent is ________.

• A) liable for the agreement if it is under $5,000.
• B) not liable at all for the contract.
• C) Liable for the agreement.
• D) will split the contract remedy between he principle and agent.
• E) will only hold the principal liable.

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Definitions:

HR Policies

Guidelines and procedures set by an organization's Human Resources department to manage its workforce effectively.

Planning Phase

An initial stage in project management where objectives are set, strategies are determined, and plans are developed to achieve project goals.

Closeout Phase

The final stage of a project where activities are concluded, deliverables are formally accepted, and documentation is completed prior to project closure.

Complexity Index

A measure used to assess the complexity of a project based on various factors, including scope, technology, and stakeholder involvement.