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If a Principal Terminates an Agency Without Giving Notice of the Termination

question 13

True/False

If a principal terminates an agency without giving notice of the termination to third persons, the agent may retain the power to make contracts that will bind the principal and third persons.


Definitions:

Different University

A term referring to another or distinct institution of higher learning than the one currently being discussed or considered.

Outgroup Homogeneity Effect

The tendency to view individuals in outgroups as more similar to each other than they really are.

Stereotype Threat

The risk of conforming to stereotypes about one's social group, which can hinder performance in various domains.

Racial Bias Effect

The tendency to process information or make decisions in a way that favors one racial group over others.

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