An Agent Can Bind His Principal on a Contract or Other

question 77

Multiple Choice

An agent can bind his principal on a contract or other matter only when the agent has ________ to do so.

• A)A fiduciary duty
• B)Capacity
• C)Authority
• D)Capability

Apply test statistics to evaluate academic programs and predict academic performance.

Identify and differentiate between different types of scales (ordinal, ratio, nominal, interval) and their characteristics.

Understand and apply the concepts of standard scores, mean, standard deviation, and their calculations.

Analyze and compute individual standard scores using given mean and standard deviation.

---

Definitions:

Egoism

An ethical theory that treats self-interest as the foundation of morality.

Dysfunction

A disruption or malfunctioning in the normal operation or function of a system, organization, or part of the body.

White-Collar Crime

Financially motivated, nonviolent crime committed by business and government professionals.

Corporate Crime

Illegal acts committed by a company or individuals acting on its behalf, typically to increase profits.