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An Employee May Not Act in the Capacity of an Agent

question 32

True/False

An employee may not act in the capacity of an agent.


Definitions:

Unilateral Contract

A contract in which one party promises to perform a certain action in response to an act of the other party.

Offeree's Performance

The actions or fulfillment of conditions by the party to whom an offer has been made in a contract scenario.

Reward

A sum offered for the performance of some service or attainment of a specific goal, typically by the government or other institutions.

Accord

An agreement between parties to settle a dispute by making concessions.

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