Joy Signs a Contract with Kent, an Unlicensed Physician, to Perform

question 84

Multiple Choice

Joy signs a contract with Kent, an unlicensed physician, to perform a medical procedure. This contract is enforceable by

• A) Joy only.
• B) Joy or Kent.
• C) Kent only.
• D) no one.

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Definitions:

Agents

Representatives or intermediaries who act on behalf of others in various transactions or negotiations.

Principals

Individuals who have the primary responsibility and authority within an organization, often relating to decision making and financial commitments.

VIE Theory

An organizational theory that explains motivation through three components: valence, instrumentality, and expectancy.

Valence

Refers to how attractive or unattractive an outcome is for a person.