Examlex

Solved

On May 1, Craig Retains Dora to Act as His

question 37

Multiple Choice

On May 1, Craig retains Dora to act as his authorized agent. On June 1, a court declares Craig mentally incompetent. On June 2, before Dora knows of the court's declaration, she enters into a contract on Craig's be?half. The con?tract is


Definitions:

Business World

The global environment comprising all fields of commerce and trade, where businesses operate and interact.

Internal Locus of Control

The belief that one's actions and decisions directly affect the outcomes and successes in their life, as opposed to external forces.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise.

People in General

refers to the overarching category of individuals or groups without specifying demographics, characteristics, or specifics.

Related Questions