If an agent makes a fraudulent statement in a contract within the scope of his or her authority, then the:
A) principal is responsible.
B) agent is responsible.
C) principal is not responsible.
D) contracting party's agent is responsible.

Question

Quizplus · Accepted Answer

If an agent makes a fraudulent statement within the scope of his or her authority, the principal is responsible for the agent's actions. The principal is liable for any damages or harm caused by the agent's fraudulent behavior. It is important for principals to ensure their agents are acting within legal and ethical standards to avoid potential liability.

If an Agent Makes a Fraudulent Statement in a Contract