True False 13. Power of attorney confers express authority of an agent. True False 14. The use of a person's likeness for commercial purposes

True False 13. Power of attorney confers express authority of an agent. True False 14. The use of a person's likeness for commercial purposes without permission is not an invasion of privacy. True False 15. In a fiduciary relationship, the principal and agent owe each other the duty to act with the utmost good faith. True False 16. A business that invites persons to come onto its premises is charged with a duty to exercise reasonable care to protect those invitees. True False 17. Only the Board of Directors can sue on behalf of a corporation. True False 18. Assumption of the risk can be raised as a defense in a negligence suit. True False 19. A disclosed principal is a principal whose identity is known by the third party at the time the contract is made by the agent. True False 20. Due care must be exercised in designing a product. True False 21. A public policy underlying the imposition of strict product liability is that a manufacturer who makes an unsafe product should be put out of business. True False 22. When a corporation makes a profit it must issue dividends to the shareholders