Is the agent independently liable on contract

Assignment Help Operation Management
Reference no: EM131233111

Does it matter whether the principal does not know what the agent knows? If the agent makes a contract, is the principal always bound by it? Is the agent independently liable on a contract if the principal does not honor it?

Reference no: EM131233111

Questions Cloud

Classical aggregate demand curve : If the propensity to hold money is 6 and the money supply is 12, then the classical aggregate demand curve is
Write vision statement reflecting the new mission statement : Write a mission statement that reflects this new direction for St. Mary's. Write a vision statement reflecting the new mission statement. What type of strategy did the leadership team at St. Mary's pursue?
Implement a personal address book : How to use the program. As soon as an address book is loaded, print out a concise but complete list of the commands a user can enter. One of them should be a "help" command to print out the list again.
Analysis of possible ways to improve resilience and protect : Analysis of possible ways to improve resilience and protect the infrastructure: what alternatives have been suggested, and by whom? What are the pros and cons of each - be sure to examine costs and feasibility.
Is the agent independently liable on contract : Does it matter whether the principal does not know what the agent knows? If the agent makes a contract, is the principal always bound by it? Is the agent independently liable on a contract if the principal does not honor it?
Identifying comparative advantage : In your answer be sure to be very specific as to how you identified the comparative advantage in each country and define how one goes about identifying comparative advantage.
Identify at least two professional skills : Identify at least two professional skills that will be needed to strengthen in order to be successful in your career field.
Solid security systems hires both male and female sales : Solid Security Systems hires both male and female sales representatives. However, the company mostly promotes male employees to the position of senior sales executive because the job involves a lot of traveling. The management of the company believes..
Disclosed and undisclosed principals. : Disclosed/undisclosed principals.: what is the risk if an agent signs a contract without notifying the other party that the agent is working for a principal and without identifying the principal?

Reviews

Write a Review

Operation Management Questions & Answers

  About cultural competence and measurement

In a demographic survey of college students that only asks the mother's level of education, your ethnicity, your marital status, how many childer you have and your GPA, Based on what you've learned about cultural competence and measurement, provide a..

  Identify the key constraints of the project

Create a project charter and identify the key constraints of the project (scope, budget, timeline, quality, people resources, etc.). Using the scenario from this unit, create a spreadsheet that lists all the project risks you see based on what you ..

  Will the widespread use of yield management

Will the widespread use of yield management eventually erode the concept of fixed prices for any service?

  Basic health insurance plan-out-of-pocket expenses

The Baulding family has a basic health insurance plan that pays 80 percent of out-of-pocket expenses after a deductible of $250 per person. If three family members have doctor and prescription drug expenses of $980, $1,840, and $220, respectively, ho..

  Refer to advertising activities performed by a marketer

Why can't the term marketing be used to refer to advertising activities performed by a marketer?

  Global manufacturing and services organization

You are a manager in a large, global manufacturing and services organization. You're trying to explain to your grandfather how different your job is from his before he retired 10-years ago. You both know how society has changed, and you want to ex..

  Bull introduction - comprise some background on the

it is 5-10 years in the future and you have just been appointed to a highly desirable leadership role one for which you

  Conditions of economy and business cycles like recessions

Discuss the importance AS-AD model in explaining the macroeconomic conditions of the economy and business cycles like recessions. What factors shift AS and AD curves? How do you explain macroeconomic fluctuations using AS-AD model and AS/AD curves?

  Discuss product innovation models for customer retention

Discuss product innovation models for customer retention. How to lead for a better quality change?

  Suppose that r & b beverage company has a soft drink

Suppose that R & B Beverage Company has a soft drink product that shows a constant annual demand rate of 3600 cases. A case of the soft drink costs R & B $3.

  What an organization can gain by employing the strategy

Select one strategy for each type of resource interdependence (symbiotic and competitive). Describe how the strategy works and what an organization can gain by employing the strategy. What potential pitfalls might impact an organization if this st..

  Communication based question

Communication is a two-way process. Communication is a series of loops. A message must be sent and the message must be received.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd