Asked by
Italo Val'le Ly
on Nov 28, 2024
Verified
Using an agent provides benefits to a principal, without potential liability.
Potential Liability
The possibility of being responsible for some future obligation or facing legal penalties.
- Examine the legal consequences of an agent's unapproved actions and the possible liability for the agent and the principal.
- Acknowledge the conditions prompting a principal's liability in contracts executed by an agent.
Verified Answer
TL
Learning Objectives
- Examine the legal consequences of an agent's unapproved actions and the possible liability for the agent and the principal.
- Acknowledge the conditions prompting a principal's liability in contracts executed by an agent.
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