Practice Quiz

Paralegal Exam Prep

Category - Miscellaneous

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What is the name of the legal doctrine that states that the principal is assumed to know what the agent knows, even if the agent does not explicitly inform the principal?
  1. Agent-Principal knowledge
  2. Agency knowledge
  3. Refuted knowledge
  4. Explicitly knowledge
  5. Imputed knowledge
Explanation
Answer: E. Imputed knowledge is the legal doctrine that states that the principal is assumed to know what the agent knows, even if the agent does not explicitly inform the principal. Imputed knowledge is knowledge that is attributed to a party because of his or her relationship with another party. A principal can rebut the assumption of imputed knowledge by showing that the agent's actions were unreasonable.
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