A Principal Is Not Bound in Contract with the Third

question 153

Multiple Choice

A principal is not bound in contract with the third party with whom the agent dealt if the agent is

• A) within her express authority.
• B) within her implied authority.
• C) within her apparent authority.
• D) outside her authority but the principal ratified it.
• E) outside her actual and apparent authority.

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Definitions:

Conditioning

The process of training or accustoming a person or animal to behave in a certain way or to accept certain circumstances.

Bell

A resonant device that produces sound when struck, typically used for signaling or alarm purposes.

Light

Electromagnetic radiation within a certain portion of the electromagnetic spectrum, visible to the human eye and fundamental to vision and various biological processes.

Extinction Trials

Processes in which a conditioned response is weakened by presenting the conditioned stimulus without the unconditioned stimulus.