A principal may face joint-and-several liability for an agent's tort, most commonly the tort of negligence, even though the principal has not engaged in any wrongful conduct.
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Q3: Agents under all circumstances create liability to
Q4: Novation occurs when the principal affirms a
Q5: Actual authority requires the principal to create
Q6: In a fully disclosed agency relationship, only
Q7: In a partially undisclosed agency relationship, the
Q9: Liability for agents who are classified as
Q10: One of the reasons agency is such
Q11: A CEO could be referred to as
Q12: Most C-level executives are referred to as
Q13: As agents, they may under certain circumstances
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