While an Agent Is Travelling in the United States on Sales

question 44

Multiple Choice

While an agent is travelling in the United States on sales calls, his principals-a husband and wife in partnership-die in an auto accident. He is informed of the deaths, and knowing that the children of the deceased, who are also active in the business will take it over, the agent signs a contract within his authority with a third party. Which of the following statements is true?

• A) The principals' estate must honour the contract.
• B) The children, on assuming ownership of the business, must honour the contract.
• C) The agent becomes liable on the contract.
• D) The third party can sue the agent for breach of warranty of authority.
• E) The principal is in breach of the agency agreement.

Explore the prevalence and nature of homosexual behavior in humans and other species.

Understand the need for affection, contact, and the impact of early experiences on social development.

Discuss the role of aggression and the factors contributing to aggressive behavior.

Explain the concept of primary emotions, their identification criteria, and the cultural aspects of emotions.

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Definitions:

International Dispute Resolution

The process of resolving conflicts between states, organizations, or individuals across national boundaries through negotiated agreements, arbitration, or judicial processes.

Foreign Court's Decision

Judgments or rulings made by a court in one country that may be recognized or enforced in another country's legal system under certain conditions.

Subsidence

The gradual caving in or sinking of an area of land, which can occur due to natural phenomena or human activities.

Excavation

The process of digging or removing earth, typically for the purpose of discovering archaeological remains or for construction.