When a Principal Makes It Possible for an Agent to Defraud

question 67

True/False

When a principal makes it possible for an agent to defraud a third party, the principal may also be liable for the fraud.

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Definitions:

Woodworth

Robert S. Woodworth was an influential American psychologist known for his work in experimental psychology and the dynamic theory of motivation and personality.

Bodily Needs

Fundamental physiological requirements for human survival and well-being, such as the need for food, water, and sleep.

Metabolism

The chemical processes that occur within a living organism in order to maintain life, involving the conversion of food to energy, elimination of waste, and other bodily functions.

Reproduction

The biological process by which new individual organisms are produced, ensuring the continuation of a species.