A Gratuitous Agent Has a Duty of Loyalty but Is

question 66

True/False

A gratuitous agent has a duty of loyalty but is not liable for any harm caused by his careless performance.

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Definitions:

Observed

Refers to measured or witnessed information and data gathered through experimentation or research.

Expected

Refers to the predicted outcome or value in probability and statistics, often based on theoretical or historical data.

Nonparametric Statistics

Distribution-free statistics that do not require the same assumptions as do parametric statistics.

Distribution-free

Refers to statistical methods that do not rely on assumptions about the specific distribution of the data.