Briefly answer the following short questions. Please double$-$space your answers. Uploadyour answers to Blackboard. A suggested answer will be provided for self$-$assessment. You mayanswer in point form if you wish$\mathrm{.}1.$ Joe is shopping for a new TV at Big Screen City Ltd$.$ The company$$s return policy applies toregularly priced products only. The salesperson, who is new to the job, mistakenly tells Joe hemay return any TV within seven days if he returns the box and packaging materials as well.Joe relies on this representation when he chooses a very large plasma television on sale for$10$ percent off the regular price. When Joe returns home, he learns his wife just lost her job.He immediately returns to Big Screen City with the TV and the packaging materials. Themanager tells him the store policy does not allow for returns of sale merchandise.a$.$ In this example, who is the agent, who is the principal, and who is the third party?b$.$ Is this an example of actual or apparent authority? Explain your answer$\mathrm{.}2.$ Siblings Jack and Jill own a house$-$cleaning business. One day, Jack forgets to lock the doorof a client$$s house when he leaves. The house is robbed, and the owners suffer a loss ofapproximately $$20,000.$ The homeowners decide to seek damages in the Small Claims Court.a$.$ Who will the owners name as defendants in their lawsuit, and why?b$.$ Other than ensuring the door was locked, what steps might Jack and Jill have taken toprotect themselves against such a lawsuit