Where Joe Was Given Authority to Do "Anything Necessarily Incidental

question 116

True/False

Where Joe was given authority to do "anything necessarily incidental" to carrying out his agency function of selling vacuum cleaners for the principal,this gave Joe the authority to borrow money to purchase a car to be used in the business.

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Definitions:

Consumer Bill of Rights

A set of principles designed to protect consumer interests, ensuring they have the right to safety, to be informed, to choose, and to be heard.

Ethics of Exchange

Principles and standards that guide fair and equitable trade practices between parties in a transaction.

Right to Choose

The consumer’s entitlement to have a variety of options when selecting goods or services, emphasizing the importance of competition and quality in markets.

Economic Espionage

The illegal practice of stealing confidential information from businesses to gain a competitive advantage.