Which of the Following Refers to the Right of a Principal

question 8

Multiple Choice

Which of the following refers to the right of a principal to sue an agent to recover any amount assessed against the principal for a breach of contract caused by the agent's negligence?

• A) Reformation
• B) Indemnification
• C) Reimbursement
• D) Contribution
• E) Recoupment

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Definitions:

Conflict Theory

A sociological perspective that emphasizes the role of power struggles and inequality in shaping societal structures and relationships.

Functionalism

A sociological perspective that interprets each part of society in terms of how it contributes to the stability of the whole society.

Essentialism

The belief in and the practice of recognizing inherent and immutable traits that are believed to define particular categories of people or things.

Biological Differences

Variations in physiological, genetic, and morphological characteristics among individuals or between sexes, races, or species.