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In a Simple Contract Made by an Authorized Agent on Behalf

question 38

True/False

In a simple contract made by an authorized agent on behalf of a disclosed principal, the third person may sue either the agent or the principal in the event of a breach.


Definitions:

Effects

Refers to the outcomes or changes resulting from a specific cause or action.

Group Decision-Making Techniques

Methods and strategies utilized by teams or groups to analyze problems, generate solutions, and decide on a course of action collectively.

Diversity

The presence of differences within a given setting, including differences in race, ethnicity, gender, age, sexual orientation, and more, contributing to a richer, more varied environment.

Culture

A system of shared beliefs, values, customs, behaviors, and artifacts that the members of a society use to cope with their world and with one another.

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