An Agent Will Be Relieved from Liability for Representations in Excess

question 24

Multiple Choice

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

• A)the agency is partially disclosed.
• B)the third party knows that the agent is acting in excess of his authority.
• C)the entity has a legal existence.
• D)the act was undertaken with a good intent.

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Definitions:

Person-Organization Fit

The degree to which an individual's values, goals, and personality align with the culture and values of an organization.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors and attitudes.

Values

Core beliefs or standards that guide and influence individual and collective behaviors, decisions, and actions.

Social Networking Sites

Online platforms where individuals can create profiles, interact with friends and family, share information, and build social networks.