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Author Question: Mr. Snarey devised and conducted a fraudulent scheme while working as an agent of Mutual Life. What ... (Read 95 times)

joblessjake

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Mr. Snarey devised and conducted a fraudulent scheme while working as an agent of Mutual Life. What would the likely result be?
◦ Only the agent was liable, because the action taken was dishonest and therefore outside the scope of the agency relationship.
◦ Since Snarey was an agent with authority to enter into this general type of transaction, the company was vicariously liable for his conduct.
◦ The doctrine of caveat emptor was applied.
◦ The company could be liable only if it were shown Snarey was an employee acting under the direction of a superior.
◦ Neither the agent nor the company could be liable, because Snarey was only an agent, and the company had no actual knowledge.


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Marked as best answer by joblessjake on Aug 7, 2021

chereeb

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joblessjake

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)


kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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