Examveda
Examveda

Which one of the following statements is correct?

A. An innocent principal is not liable for the fraud of his agent

B. An innocent principal is liable for the fraud of his agent

C. An innocent agent is liable for all frauds of his principal

D. None of the above is correct

Answer: Option B


This Question Belongs to Law >> Law Of Torts

Join The Discussion

Related Questions on Law of Torts

The maxim 'scienti non fit injuria' means

A. Where there is no fault, there is no remedy

B. Mere knowledge does not imply consent to take risk

C. Mere giving consent does not imply to take risk

D. Scientific knowledge is not enough to cause injury