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:

Potato Chips

Thin slices of potato that are either deep fried or baked until crispy, often seasoned and served as a snack.

Nonfat Yogurt

Yogurt made without any fat content, often used as a dietary choice for those reducing fat intake.

Healthy Meals

Dishes or foods that provide essential nutrients and energy, contributing to overall physical well-being and health maintenance.

Canned Vegetables

Vegetables that have been preserved by sealing in a can or jar with a liquid (often water, brine, or sauce) and undergoing a heat process to ensure safety and longevity.