« previous next »

Author Question: How does the principal-agent relationship differ from the regular master-servant relationship? ... (Read 85 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?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Went and Briggs demonstrated the relationship between light perception and auxin function. Went and Briggs demonstrated the relationship between light perception and auxin function.
Biology Forums - Master Your Courses (2017 Edition) Biology Forums - Master Your Courses (2017 Edition)
A typical reaction in which NAD+ acts as an oxidizing agent A typical reaction in which NAD+ acts as an oxidizing agent
The insulin receptor and its structural relationship to other transmembrane receptors with protein The insulin receptor and its structural relationship to other transmembrane receptors with protein
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Relationship between birth weight and mortality in humans Relationship between birth weight and mortality in humans
Video: T cell receptors

For a complete list of videos, visit our video library