Marina Has Owned a Bar for Many Years and Extols

question 4

Multiple Choice

Marina has owned a bar for many years and extols the health benefits of alcohol. Which of these claims is correct?

• A) Four to five drinks per day improve the liver.
• B) Heavy drinking prevents cancer.
• C) Alcohol increases the uptake of vitamins and minerals.
• D) Moderate consumption raises the "good" cholesterol levels.

Grasp the duty of an agent to inform the principal and the scope of this duty.

Identify the legal obligations agents owe to their principals, including duties of loyalty, accounting, and information.

Understand the capacity requirements for parties in an agency relationship and how these affect the validity of agreements.

Understand the basic concepts and terminology used in programming languages.

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Definitions:

Express or Implied Authority

Power granted by a principal to an agent, which can be explicitly stated (express) or inferred from actions, circumstances, or job title (implied).

Disclosed Principal

In the realm of agency law, a principal whose identity the third party is aware of when the agent enters into a contract with that third party.

Unauthorized Contract

An agreement made by someone who does not have the legal right or power to do so on behalf of another person or entity.

Agent Lacks Authority

A situation where an agent acts outside of their given powers, potentially making their actions unbinding on the principal.