If an Agent Who Has Actual Authority and Receives Reimbursement

question 44

True/False

If an agent who has actual authority and receives reimbursement does not tell the third party that he is working in an agency capacity, the principal is still bound.

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Definitions:

Operating System

The software that supports a computer's basic functions, such as scheduling tasks, executing applications, and controlling peripherals.

BIOS

Basic Input/Output System, a software stored on a small memory chip on the motherboard, responsible for booting the computer and managing data flow between the computer's operating system and attached devices.

Head Crashes

A failure in hard disk drives when the read-write head comes into contact with the spinning disk surface, leading to data loss or damage.

SSDs

Solid State Drives, a type of data storage device that uses integrated circuit assemblies to store data persistently, typically using flash memory.