Ordinarily,an Agent Is Not Liable for Unauthorized Acts Made on Behalf

question 17

Multiple Choice

Ordinarily,an agent is not liable for unauthorized acts made on behalf of a principal if:

• A) the third party has no knowledge about the principle's identity.
• B) the third party knows that the principle lacks legal capacity.
• C) the principal eventually ratifies the contract.
• D) the principal is undisclosed.

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Definitions:

Social Psychological

Pertaining to the scientific study of how individuals think, feel, and behave in social contexts.

Social Categorization

The process of classifying people into groups based on shared characteristics such as nationality, race, or gender.

Out-Group Homogeneity Bias

The perception that members of an out-group are more similar to each other than they actually are or compared to the members of the in-group.

Hypothetical Elderly

A constructed scenario or population involving older adults used to explore theoretical outcomes or behaviors.