Greg, Who Wants to Sell a Car He Owns, Authorizes

question 16

Multiple Choice

Greg, who wants to sell a car he owns, authorizes his concierge, Walter, to find a potential buyer and finalize a deal above a stipulated price. Walter contracts Jacob, an independent car sales broker, and instructs him to only find a potential buyer and send them over to Walter for the sale. Greg then contracts CarWreckers, an automobile modification company to renovate his car. CarWreckers completes its work and Greg pays them. Jacob then searches for a suitable buyer and finds one in Carl. Carl buys the car and Jacob is paid for his services. Who is the principal during the car sale transaction?

• A) CarWreckers
• B) Carl
• C) Greg
• D) Walter

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Definitions:

Cognitive Processes

Mental functions involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

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The procedures through which grammatical structures of a language are formed and modified.

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A program in the United States aimed at providing comprehensive early childhood education, health, and parental involvement services to low-income children and their families.

Vocational Training

Educational programs or courses designed to equip individuals with specific skills and knowledge for particular trades or professions.