A Principal Is Not Liable for an Agent's Fraud Unless

question 34

True/False

A principal is not liable for an agent's fraud unless the agent has the apparent authority to commit torts.

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Definitions:

Religious Beliefs

The faith or convictions regarding the existence, nature, and worship of a deity or deities, and divine involvement in the universe and human life.

Disciplinary Action

Measures taken by an organization to correct or punish employee behavior that violates policies or standards.

Bribery

The offering, giving, receiving, or soliciting of something of value as a way of influencing the actions of an individual in a position of power.

Economic Development

The process of improving the economic well-being and quality of life for a community or nation, often through industrial, social, and infrastructural progress.