Agents Who Go Beyond Their Authority When the Principal Is

question 132

True/False

Agents who go beyond their authority when the principal is disclosed or partially disclosed are liable for a breach of contract,not for a breach of implied warranty.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in statistics to quantify the degree of difference from the average.

Beta

A metric indicating the level of fluctuation or inherent risk in a security or portfolio relative to the overall market.

Market Risk

The potential for investors to lose money due to fluctuations in market prices.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates that the stock is more volatile than the market.