Without Ted's Knowledge,Phil,who Frequently Purchased Lumber on Ted's Behalf,purchased a Large

question 23

True/False

Without Ted's knowledge,Phil,who frequently purchased lumber on Ted's behalf,purchased a large quantity of plywood from Chris as agent for Ted.Phil later advised Ted of the purchase.If Ted had died before the contract was negotiated by Phil,the purchase agreement would be unenforceable,because the principal did not exist at the time when the agreement was made.

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Definitions:

IRS Regulations

Rules and guidelines issued by the Internal Revenue Service governing the administration of tax laws in the United States.

Path-Goal Theory

A leadership theory that suggests leaders can influence the performance, satisfaction, and motivation of their followers by offering rewards for achieving goals.

Dogmatic/Authoritarian Followers

Individuals who follow leaders with an unquestioning belief in their authorities, often accepting and enforcing strict adherence to rules and doctrines without flexibility.

Directive Style

A leadership approach characterized by giving explicit instructions, closely supervising followers, and expecting immediate compliance.