Practice Quiz

DSST Business Law II Exam Prep

Category - DSST Business Law II

Start a Study Session Sign up for Question of the Day
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.
Next
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz