menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Principles and Practices
  4. Exam
    Exam 25: Principal-Agent, Employer-Employee, and Third-Party Relationships
  5. Question
    A Principal Is Liable to Third Parties for ____________________ Committed
Solved

A Principal Is Liable to Third Parties for ____________________ Committed

Question 7

Question 7

Short Answer

A principal is liable to third parties for ____________________ committed by the agent while acting within the scope of the agency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: An agent may be personally liable to

Q3: Even if he or she neglects to

Q4: The principal usually lists in writing all

Q5: If the agent does not tell third

Q6: If a third party learns the identity

Q8: A principal may be held liable to

Q9: A power of attorney is an example

Q10: An agent's scope of authority generally includes<br>A)

Q11: An agent's implied authority is set out

Q12: An agent is liable on a contract

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines