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A Principal Can Be Held Responsible for an Agent Whose

question 12

Multiple Choice

A principal can be held responsible for an agent whose authority has previously been terminated if the principal does not make the termination known to the parties who previously did business with the agent. This is known as _____ authority.


Definitions:

Experimental Group

The group in an experiment that receives the treatment or condition being tested, as opposed to the control group which does not.

Random Assignment

A method used in experiments to distribute participants randomly across different groups to ensure unbiased results.

Demand Characteristics

Implicit cues in an experiment that influence the participants' behavior towards a particular outcome.

Random Assignment

A method used in experiments to divide individuals into groups in a way that every participant has an equal chance of being assigned to any group, helping to ensure that the groups are comparable.

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