1. An independent contractor is, by definition, an employee. (True/False)
2. Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of the store. (True/False)
3. A principal can ratify an agent's unauthorized acts in part or in whole. (True/False)
4. Actual authority in an agency relationship arises from what a principal makes clear to athird party. (True/False)
5. When an agent, acting within the scope of his or her authority, contracts with a third party, adisclosedprincipalis liable to the third party. (True/False)
6. A truck driver who drives a company truck on a regular basis is most likely an employee.
7. A principal may be liable for an agent's or an employee's tort, with the exception of negligence, which is an unintentional tort for which the agent or employee is vicariously liable. (True/False)
8. Both parties to an agency relationship have thepowerand therightto terminate the relationship at any time. (True/False)
9. A principal must reimburse an agent for reasonable expenses incurred during the performance of the agent's duties. (True/False)
10. When an agent's acts create the appearance of an agency that does not in fact exist, the principal is estopped to deny the agency relationship. (True/False)