Question

In: Economics

When is the Principal liable for the crime committed by an agent? Explain.

When is the Principal liable for the crime committed by an agent? Explain.

Solutions

Expert Solution

As per the act when an agent does anything which is on the behalf of principal like he does tort,commits a fraud while acting within his actual authority.thrn principal is liable.it does not matter that agent has done everything for his own benefit.as we know principal is someone who gives legal authority to another to act on his or her behalf in a business relationship.


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