The right to cure is the right of a party who tenders nonconforming performance to correct his or her performance within the contract period
Indicate whether the statement is true or false
T
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When an agent takes an unauthorized action, the:
A. principal can transfer liability to the agent while enjoying the benefits of the action. B. action may be ratified provided that the principal is a corporation. C. action cannot be ratified by the principal. D. principal may not ratify only a portion of the action.
What item below is the absence of any consequences, which reduces the likelihood that the behavior will be repeated in the same or similar situations?
A. positive reinforcement B. punishment C. negative reinforcement D. extinction
One benefit of the program at Vodaphone included which of the following?
a. managers continued their traditional way of running their organization b. coaching goals were established c. teams were more confident in their decisions as managers empowered them d. competition decreased over time
Which of the following is true regarding express authority?
a. It may be given by the principal's actual words but not by action. b. It may be given by written contract only. c. It may be given by the principal's actual words and also by an action that indicates the principal's consent. d. It may be given by action but only after a contract of agency has been signed.