A Recent Finding from the U

question 120

Multiple Choice

A recent finding from the U.S. Department of Labor shows that the top reason for people leaving their jobs is that they:

• A) "don't make enough money."
• B) "don't feel appreciated."
• C) "don't believe in what the organization stands for."
• D) "don't like their colleagues."
• E) "don't like their boss."

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Definitions:

Reimbursement

The act of compensating someone for an expense or loss incurred.

Apparent Authority

Authority that is only apparent, not real. An agent’s apparent authority arises when the principal causes a third party to believe that the agent has authority, even though she or he does not.

Undisclosed Limitations

Restrictions or constraints on an agreement or condition that are not made known to all parties involved.

Undisclosed Principal

A principal whose identity is unknown by a third party, and that party has no knowledge that the agent is acting for a principal at the time the agent and the third party form a contract.