Identify the law that deals basically with the legal consequences of people acting on behalf of other people or organizations.
A)Law of numbers
B)Law of adverse selection
C)Law of moral hazard
D)Law of agency
E)Law of torts

Question

Quizplus · Accepted Answer

The Law of Agency is specifically concerned with the legal implications of actions taken by individuals (agents) on behalf of others (principals), including organizations. It outlines the rights and obligations arising from such relationships.

Identify the Law That Deals Basically with the Legal Consequences