Which of the Following Is the Way an Agent Should

question 8

Multiple Choice

Which of the following is the way an agent should sign a contract in order to bind the principal and not the agent?

• A)When the agent is known to be an agent, he or she should sign only his or her name.
• B)The agent should sign only his or her name whether known to be an agent or not.
• C)The agent should sign only with his or her initials.
• D)The agent should sign  his or her name "as agent for principal".

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Definitions:

Bobo Doll Study

A social psychology experiment conducted by Albert Bandura in 1961 to investigate if aggressive behaviors can be acquired by observation.

Bandura

Albert Bandura was a psychologist known for his work in social learning theory, emphasizing the role of observational learning, imitation, and modeling in behavior.

Unconditioned Response

A spontaneous and inherent response to a trigger that happens without previous education or conditioning.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Ivan Pavlov’s experiments with dogs.