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Homework answers / question archive / Lesson 6- Principal & Agent Chapter 18 Why is agency law especially important in the business and government context? What contract duties are owed by the principal to the agent? Chapter 19 Why is the concept of implied authority very important in business situations? What is meant by the “zone of risk” test? Under what circumstances will the agency terminate expressly?  

Lesson 6- Principal & Agent Chapter 18 Why is agency law especially important in the business and government context? What contract duties are owed by the principal to the agent? Chapter 19 Why is the concept of implied authority very important in business situations? What is meant by the “zone of risk” test? Under what circumstances will the agency terminate expressly?  

Business

Lesson 6- Principal & Agent

Chapter 18

Why is agency law especially important in the business and government context?

What contract duties are owed by the principal to the agent?

Chapter 19

Why is the concept of implied authority very important in business situations?

What is meant by the “zone of risk” test?

Under what circumstances will the agency terminate expressly?

 

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