John Smyth Is an Agent for L

question 46

Multiple Choice

John Smyth is an agent for L. T. Adams. To avoid becoming a party to any contract that Smyth signs for Adams, Smyth should sign in which of the following ways?

• A) John Smyth, agent
• B) John Smyth, for the principal
• C) John Smith, as agent for the principal
• D) L. T. Adams, per John Smyth

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Definitions:

General Manager

An executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility.

Organization Structure

Describes the way in which a company or organization is organized, including the roles, responsibilities, and hierarchies that define how tasks are managed and executed.

Communication Channels

The mediums through which information is transmitted from one entity to another, including verbal, non-verbal, and digital forms.

Workflows

The sequence of processes through which a piece of work passes from initiation to completion, often used to describe systematic tasks in a business setting.