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

Understand the concepts of incidence, prevalence, and attack rate in epidemiology.

Understand the importance of personal insights and beliefs of community residents in addressing health problems.

Identify reliable sources for health statistics and data relevant to community health nursing.

Identify characteristics of a healthy community.

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Definitions:

Fixed Cost

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Economic Profit

The difference between the total revenue earned by a business and the total costs (both explicit and implicit) of all resources used.

Market Price

The current market value at which transactions for a service or asset are conducted.

Units

Basic measures or quantities considered as a standard in terms of which other quantities can be expressed.