Which of the following is a false statement? An agent has no duty to disclose her agency status to third parties with whom the agent deals. An agent who enters into a contract with another party on behalf of the principal impliedly warrants that he has the authority to do so. A principal may be liable for the tort of fraud committed by the agent if the agent makes misrepresentations to a third party in the course of negotiating a contract for the principal. The basic rule for whether an employer is liable for the tort of negligence committed by his or her employee is whether the employer knew of the employee's commission of the tort