Which of the Following States That the Agent Has Authority

question 15

Multiple Choice

Which of the following states that the agent has authority only to make representation contained in the contract and that only those representations bind the principal?

• A)Representation clause
• B)Exculpatory clause
• C)Liability clause
• D)Agent's clause

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Definitions:

Cognitive Dissonance

A psychological phenomenon where individuals experience discomfort from holding two or more conflicting beliefs, values, or attitudes.

Theory Essence

The fundamental concepts or foundational principles that comprise the core of a theory.

Origins

The point or place where something begins, arises, or is derived from; the background or source.

Theory of Planned Behavior

A theory suggesting that an individual's behavior is directly influenced by their intention to perform the behavior, which is shaped by attitudes, subjective norms, and perceived control.