Which of the Following Agents Would Not Have Authority to Contract

question 48

Essay

Which of the following agents would not have authority to contract with third parties on behalf of the principal?
a.A salesman who sells his employer's goods.
b.A manager who hires employees for the store owner.
c.A factory worker hired to operate a machine.
d.A buyer who regularly buys merchandise for a store.
e.All agents have authority to contract with third parties on behalf of their principals.

Describe the diagnostic criteria for personality disorders under the DSM-5.

Understand the difference between schizotypal personality disorder and other personality disorders.

Recognize the role of unusual beliefs and odd cognition in schizotypal personality disorder.

Assess the impact of childhood experiences on the development of schizotypal personality disorder.

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Definitions:

Normal Goods

Goods for which demand increases as consumer income rises, holding prices constant.

Steak

A cut of meat, typically beef, that is sliced perpendicular to the muscle fibers.

Price-Consumption Curves

Graphical lines that show how a consumer's optimal bundle of goods changes as the price of one good changes, holding everything else constant.

Engel Curves

Graphical representations showing how household expenditure on a good varies with income.