If an Agent Is Sued for Breach of Implied Warranty

question 13

Multiple Choice

If an agent is sued for breach of implied warranty of authority by a third party, none of the following are defenses except: ______.

• A) the agent acted in good faith.
• B) the agent misunderstood the scope of authority.
• C) the third party knew the agent was acting beyond her authority.
• D) the agent had written authorization.

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Definitions:

Organizational Behaviour

The study of how people interact within groups, particularly in a work setting, aiming to understand and improve job performance and satisfaction.

Values

Core beliefs or standards that guide and motivate attitudes and actions, reflecting what is important to an individual or organization.

Equity

The concept of fairness or justice in the manner of treatment or distribution of resources among individuals or groups.

Attitude

An attitude is a psychological construct representing an individual's degree of like or dislike for an item, person, thing, or event.