Asked by
Aklil Tessema _ Student - WakeHlthSciEC
on Dec 19, 2024
Verified
A principal is always directly responsible for an agent's misrepresentation made within the scope of the agent's authority.
Misrepresentation
The act of providing false or misleading information, intentionally or unintentionally, in a transaction.
Scope of Authority
The boundaries within which decisions can be made or actions can be taken by an agent as authorized by a principal.
- Understand the situations that result in a principal's accountability for contracts made by an agent.
Verified Answer
HF
Learning Objectives
- Understand the situations that result in a principal's accountability for contracts made by an agent.
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