Which of the Following Is True of a Person's Capacity

question 69

Multiple Choice

Which of the following is true of a person's capacity to be a principal or agent?

• A) To be an agent,a person must have the ability to make his won contracts,independent of the principal.
• B) Any duty that a principal has the capacity to perform can be delegated to an authorized agent.
• C) A principal must have the capacity to do the acts for which the agent has been retained.
• D) To be an agent,a person must have the capacity to perform non-delegable obligations for the principal.

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Definitions:

Multinational Corporations

Companies that operate in multiple countries, often managing production or delivering services in more than one country.

Global Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country.

Transnational Corporations

Large companies that operate and distribute products or services across multiple countries beyond their home base.

International Corporations

Large business entities that operate in multiple countries across the globe, often influencing economic, political, and social landscapes.