Asked by
Vincent Guisiner
on Dec 20, 2024Verified
The agent may be subject to liability to her principal for breach of the duty of obedience if she:
A) entered into an authorized contract and the principal has changed her mind.
B) delegates her authority in any way and under any circumstances.
C) committed a tort for which the principal is now liable.
D) All of these are true.
Duty Of Obedience
The legal or ethical obligation of individuals to act in accordance with the laws, rules, or regulations that govern their behavior or role, particularly in organizational or fiduciary contexts.
Authorized Contract
An authorized contract is a legal agreement that has been approved and executed by individuals or entities who have the legal capacity and authority to do so.
Tort
A civil wrong that causes harm or loss, leading to legal liability.
- Discern the various commitments an agent holds towards a principal, involving loyalty, obedience, and carefulness.
Verified Answer
GS
Learning Objectives
- Discern the various commitments an agent holds towards a principal, involving loyalty, obedience, and carefulness.