The agent is compulsorily liable for any intentional or innocent misrepresentation made by the principal in a transaction.

Name: The agent is compulsorily liable for any intentional or innocent misrepresentation made by the principal in a transaction.
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Question

Quizplus · Accepted Answer

An agent is not automatically liable for the principal's misrepresentations unless the agent knew or should have known about the misrepresentation and failed to correct it. Liability depends on the agent's knowledge and involvement.

The Agent Is Compulsorily Liable for Any Intentional or Innocent