The Principal Is Bound by Knowledge but Not by Notice

question 17

True/False

The principal is bound by knowledge but not by notice of any fact that is acquired by an agent while acting within the scope of actual or apparent authority.

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Definitions:

Oral Presentations

A spoken presentation aimed at delivering information or explaining a topic to an audience.

Act On

To take action based on specific information or advice.

Biggest Problems

The most significant challenges or issues being faced.

Key Ideas

The most important or central concepts, themes, or points within a discourse or document.