If a Principal Is Undisclosed, the Agent May Be Liable

question 17

True/False

If a principal is undisclosed, the agent may be liable to the principal for a third party's nonperformance of a contract.

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Definitions:

Skewed to the Right

Refers to a distribution where the tail is on the right side, indicating that the majority of data points are concentrated on the left.

Null Hypothesis

A default statement that assumes no effect or no difference in the statistical testing framework, to be tested against the alternative hypothesis.

Two-Way Tables

A type of table used in statistics to display data collected from two categorical variables.

Alternative Hypothesis

A statement in hypothesis testing that proposes there is a statistically significant difference or effect, in contrast to the null hypothesis.