Asked by
Joemarc Vecino
on Dec 20, 2024
Verified
The power of an agent is her ability to change the legal status of her principal.
Legal Status
The condition of an entity or individual’s standing in the eyes of the law, including rights, responsibilities, and current liabilities.
Power of Agent
The legal authority granted to an individual (agent) to make decisions and take actions on behalf of another person or entity (principal).
- Understand the effect of an agent's actions on the legal standing and responsibility of the principal.
Verified Answer
TN
Learning Objectives
- Understand the effect of an agent's actions on the legal standing and responsibility of the principal.
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