An Agent Will Be Relieved from Liability for Representations in Excess

question 13

Multiple Choice

An agent will be relieved from liability for representations in excess of the agent's authority if:

• A) the agent hired subagents to do some of his work.
• B) the third party knows that the agent is acting in excess of his authority.
• C) the principal does not ratify the act.
• D) the act was undertaken with a good intent.

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Definitions:

Clinical Psychologist

A health care professional specializing in diagnosing and treating mental, emotional, and behavioral disorders through talk therapy and, in some regions, medications.

Interviewer Illusion

A cognitive bias that affects the accuracy of interviewers' judgments about interviewees, leading them to overestimate their ability to evaluate candidates accurately.

Social Leadership

The practice of leading a group or community by focusing on social interactions and relationships to achieve goals.

Experience of Flow

A mental state of deep immersion and engagement in an activity, where time seems to pass unnoticed.