Where There Is No Contract of Agency Between the Principal

question 105

True/False

Where there is no contract of agency between the principal and the agent, the actions of that agent cannot bind the principal.

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Definitions:

Principle of Comity

A doctrine in international law where countries mutually recognize and enforce each other's laws and judicial decisions out of respect, rather than obligation.

Act of State Doctrine

A principle in international law that allows a country to disregard foreign judgments that violate its own nation's sovereignty.

Space Resources

Natural materials found outside of Earth's atmosphere that can be extracted and utilized, such as water ice on the moon or minerals on asteroids.

Antidumping Duty

A tariff imposed by a government on foreign imports believed to be priced below fair market value to protect domestic industries.