An Agent Acts for A(n) __________ Principal When the Agent

question 4

Multiple Choice

An agent acts for a(n) __________ principal when the agent appears to be acting on her own behalf and the third person with whom she is dealing has no knowledge that she is an agent.

• A)partially disclosed
• B)undisclosed
• C)unauthorized
• D)disclosed

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Definitions:

Cross-functional Teams

Teams composed of members from different departments within an organization, working towards a common goal.

Virtual Teams

Groups of people who work together toward common goals through electronic communications technology, despite geographical separation.

Virtual Teams

Groups of individuals who work together from different geographical locations, connected by technology such as email, video conferencing, and collaborative software.

Information Sharing

The practice of distributing or exchanging information within an organization or between entities to facilitate decision-making, collaboration, and problem-solving.