Agents May Expose Themselves to Personal Liability on a Contract

question 26

Multiple Choice

Agents may expose themselves to personal liability on a contract by entering into an agreement with a third party

• A)without disclosing the fact that they are an agent.
• B)by expressly describing themselves as an agent,but without disclosing the identity of the principal.
• C)on behalf of a fictitious principal.
• D)on behalf of a principal for whom the agent did not have authority to act.
• E)All of the responses are correct.

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Definitions:

Job Analysis

The act of researching and accumulating details regarding the tasks, duties, essential skills, expected results, and the occupational setting of a specific position.

Work Sample Test

A pre-employment assessment tool that requires applicants to perform tasks or work activities that mirror those they would encounter in the job.

Selection Decision

The process of choosing the most suitable candidate for a job position based on evaluation and assessment.

Predictive Validity

The extent to which applicants’ test scores match criterion data obtained from those applicants/employees after they have been on the job for an indefinite period