Asked by
Andrea Plaza
on Nov 28, 2024
Verified
If an agent contracts outside the scope of his or her authority, the principal cannot become liable.
Scope of Authority
The range or limits of the powers and responsibilities legally granted to a person or organization.
Liable
Subject to being held accountable, usually in a legal or financial context, for fulfilling obligations or compensating for an incurred loss or damage.
- Delineate the scope and limits of an agent's authority and the principal's liability in relation to it.
Verified Answer
CC
Learning Objectives
- Delineate the scope and limits of an agent's authority and the principal's liability in relation to it.
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