All of the Following Statements About the Rules Governing Agency

question 11

Multiple Choice

All of the following statements about the rules governing agency relationships are true EXCEPT

• A)An agent must be authorized to act on behalf of a principal.
• B)An agency agreement may grant certain powers to the agent as well as denying the agent other powers.
• C)The principal is responsible for the acts of agents only if the acts are criminal.
• D)Knowledge of the agent is presumed to be knowledge of the principal with respect to matters within the scope of the agency relationship.

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Definitions:

Konrad Lorenz

An Austrian zoologist, ethologist, and ornithologist known for his foundational research in animal behavior and imprinting.

Extroverted Child

A child who is notably outgoing, socially confident, and derives energy from interactions with others, as opposed to solitude.

Disorganized Child

A child who exhibits a lack of organization in their thoughts, actions, personal space, or time management, often impacting their ability to function effectively.

Difficult Child

A term in developmental psychology that describes children who are more challenging to raise due to their temperament, behavior, or the parent-child interaction.