Agents Who Go Beyond Their Authority When the Principal Is

question 65

True/False

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

---

Definitions:

Thought Processes

The mental operations involved in cognitive activities such as reasoning, perception, and judgment.

Intellectual

Pertaining to or involving the ability to think and understand ideas and information at a high level of complexity.

Assimilation

The cognitive process of integrating new information into existing cognitive schemas, perceptions, and understanding.

Adaptation

The process by which organisms adjust to changes in their environment to survive and reproduce.