True/False
When an agent acts beyond the specific authority given by the principal, that action will not be binding on the principal.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Where an agent has been guilty of
Q39: When an agent's authority is terminated by
Q40: Although the sole proprietor's entire personal fortune
Q41: It is possible for a principal to
Q42: Explain what is meant by limited liability.
Q44: Which of the following is correct with
Q45: Any restrictions in the employment contract between
Q46: Information that comes to the agent because
Q47: Paul and Laurie both worked at the
Q48: Explain what is meant by an agent's