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Directions: Apply the knowledge you have gained from Chapter 4 to select the best answer to the questions about the following cluster diagram.
What is the topic of the cluster diagram?
Scope Of The Agency Relationship
The range of actions and decision-making authority granted to an agent by their principal.
Principal's Liability
Legal responsibility of the principal for the acts of their agent that are carried out within the scope of the agent's authority.
Tort
A legal term for a civil wrong or breach of duty to another person, resulting in loss or harm, and subject to compensation or legal remedy.
Criminal Act
An action or omission that constitutes an offense that may be prosecuted by the state and is punishable by law.
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