An Agent Who Commits a Crime Is

question 47

Multiple Choice

An agent who commits a crime is:

• A) always liable.
• B) only liable if acting in self-interest.
• C) only liable if the act is done to advance the interest of the principal.
• D) never liable when acting in the role of an agent.

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Definitions:

Risks

The potential for losing something of value, or the uncertainty regarding the outcome of an action or decision.

Probability

The likelihood or chance of an event occurring, often expressed as a number between 0 and 1.

Small-Numbers Bias

A situation in markets where the fewness of buyers or sellers can significantly impact the negotiation power and market outcomes.

Stock Market

A public market for buying, selling, and trading company stocks and securities, reflecting the economic health of a country or region.