When Would an Agent Who Breaches His or Her Agreement

question 52

Multiple Choice

When would an agent who breaches his or her agreement be liable for a breach of implied warranty?

• A)When the principal is disclosed.
• B)When the principal is partially undisclosed.
• C)When the principal is undisclosed.
• D)When the principal is disclosed or partially disclosed.
• E)When the principal is partially disclosed.

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Definitions:

Subjective Attributes

Characteristics of an object, service, or product assessed based on opinions, feelings, and experiences rather than objective measures.

Unbiased Purchase Decision

A buying decision made by consumers based on objective information and without undue influence from marketing or personal biases.

Product-rating Organizations

Independent bodies that evaluate and rate the quality, safety, or performance of various products and services.

Government Agencies

Organizations that operate at the federal, state, or local level to administer and enforce laws, regulations, and public policies.