If the Agent Exceeds His or Her Authority,liability Results-Unless the Principal

question 7

True/False

If the agent exceeds his or her authority,liability results-unless the principal ratifies the act.

---

Definitions:

Valid

Something that is logically sound, legally acceptable, or otherwise officially recognized as correct or legitimate.

Reliable

The quality of being consistently good in performance, accuracy, or honesty, engendering trust.

Sampling Bias

A statistical error that occurs when a sample is not representative of the population from which it is drawn, leading to skewed results.

Online Survey

A method of collecting data or feedback from a wide audience via the internet, using questionnaires or polls.