The Equal Dignity Rule Requires That a Principal and Agent

question 13

True/False

The equal dignity rule requires that a principal and agent treat each other with "equal dignity."

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Definitions:

Necessaries

Essential items or services required for an individual's basic needs and well-being, often related to contracts with minors.

Parent or Guardian Supplies

Items or provisions supplied by a parent or guardian for the care, support, or benefit of their ward or child.

Unconscionability

A doctrine in contract law that describes terms that are so extremely unjust or overwhelmingly one-sided in favor of the party who has superior bargaining power.

Equitable Remedy

A remedy provided by courts in cases where monetary damages are insufficient to resolve a legal dispute, involving actions like specific performance or injunction.