An Undisclosed Principal May Result in Which of the Following

question 65

Multiple Choice

An undisclosed principal may result in which of the following?

• A) Liability of the agent for any contract made on behalf of such a principal.
• B) The agent's being declared incompetent by a court of law.
• C) A declaration order by the court for the principal to show a guarantee.
• D) All of these.

Apply the concept of the time value of money to real-life financial planning and decision making.

Determine the duration of payments or withdrawals for investments and loans based on compound interest calculations.

Evaluate different investment strategies to meet long-term financial goals.

Understand the concept of time value of money and its applications in financial calculations.

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Definitions:

Repressed Memory

Repressed Memory refers to a memory of a traumatic event that is blocked from conscious awareness but can influence behavior and emotions.

Loftus

Refers to Elizabeth Loftus, a prominent researcher known for her work on the malleability of human memory and the misinformation effect.

Dissociative Fugue

A rare dissociative disorder characterized by amnesia for personal identity, often coupled with sudden, unexpected travel away from one's home or usual place of daily activities.

Somatic Symptom Disorder

A psychological disorder in which a person experiences physical symptoms that are not explained by a medical condition.