Match the terms with their descriptions:
-Independent contractor
A) Principal on whose behalf an agent is transacting with a third party, where the third party is aware the agent is acting as an agent but does not know who the principal is.
B) Person authorized to conduct all of a principal's activity in connection with a particular business
C) Authority given explicitly
D) Let the superior respond
E) Lawful corporation created to take title to assets while safeguarding the owner corporation's identity and liability
F) Apparent authority
G) Person acting on behalf of and under the control of, another person
H) Person performing services for others, but are not under the control of the hiring party
I) Liability imputed to employers because of the wrongdoings of their employees
J) Process of delivering goods to a bailee who attempts to sell them
Correct Answer:
Verified
Q48: Match the terms with their descriptions:
-Consignment
A) Principal
Q49: Match the terms with their descriptions:
-Respondeat superior
A)
Q50: Match the terms with their descriptions:
-Dummy corporation
A)
Q51: Match the terms with their descriptions:
-Agent
A) Principal
Q52: Match the terms with their descriptions:
-Partially disclosed
Q54: Match the terms with their descriptions:
-General agent
A)
Q55: Match the terms with their descriptions:
-Express authority
A)
Q56: Define an agent and discuss an agent's
Q57: Identify and discuss an agent's express authority
Q58: Define the doctrine of respondeat superior and
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