Roberta Introduces Steve to Her Friends as "My Associate

question 45

Multiple Choice

Roberta introduces Steve to her friends as "my associate." Steve purports to act as Roberta's agent in several business transactions with those friends. If Roberta is liable for Steve's actions, it will be because their relationship is​

• A) ​an agency by agreement.
• B) ​an agency by estoppel.
• C) ​an agency by operation of law.
• D) ​not an agency relationship.

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Definitions:

Valence

The intrinsic attractiveness or aversiveness of an event, object, or situation.

Alderfer's ERG Theory

A motivational theory proposed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth, suggesting that more than one need may motivate at the same time.

Motivated

A state of being driven or inspired to achieve something.

Demotivated

A state of reduced motivation, often characterized by a lack of enthusiasm or interest in tasks.