« previous next »

Author Question: How does the principal-agent relationship differ from the regular master-servant relationship? ... (Read 76 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Aug 3, 2018
How does the principal-agent relationship differ from the regular master-servant relationship?
 
  What will be an ideal response?

Question 2

Ratification is the acceptance or confirmation of a voidable act.
 
  Indicate whether the statement is true or false


cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Aug 3, 2018
Answer to Question 1

The agent has the authority to contractually bind the principal to third persons.

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Aug 3, 2018
TY


cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Aug 3, 2018
You're welcome


« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Relationship between body size and seed size in Galapagos finch species Relationship between body size and seed size in Galapagos finch species
The uterus. Cutaway view shows regions of the uterus and cervix and its relationship to the uterine The uterus. Cutaway view shows regions of the uterus and cervix and its relationship to the uterine
Age-Crime Relationship in (a) 1842 and (b) 1992 Age-Crime Relationship in (a) 1842 and (b) 1992
How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
Relationship between Trust and Investment Relationship between Trust and Investment
Relationship between Economic Openness and GDP per Capita Relationship between Economic Openness and GDP per Capita
Video: T cell receptors

For a complete list of videos, visit our video library