Which Type of Liability Does a Principal Have When It

question 59

Multiple Choice

Which type of liability does a principal have when it authorizes an agent to engage in an act and the agent intentionally or unintentionally falsifies his or her role?

• A)Ratification liability
• B)General liability
• C)Vicarious liability
• D)Misrepresentation liability
• E)Strict liability

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Definitions:

South Carolina

A state in the southeastern region of the United States, known for its shoreline of subtropical beaches and marshlike sea islands, as well as its rich history in the American Civil War.

Colony Formation

The process by which countries establish settlements in distant territories under their control, often for economic gain, strategic advantage, or to spread their cultural or religious beliefs.

Colonial Development

The process by which European powers established and expanded colonies overseas, often involving the exploitation of local resources and indigenous populations.

English

Pertaining to England or its people, language, or culture; English refers to the language spoken in England and many other parts of the world.