Which of the following is not one of the duties that a principalwould owe an agent? Multiple
Question:
Which of the following is not one of the duties that a principalwould owe an agent?
Multiple Choice
The principal owes a duty of cooperation to the agent.
The principal owes a duty of safe working conditions to theagent.
The principal owes a duty of reimbursement and indemnificationto the agent.
The principal owes a duty of compensation to the agent.
The principal owes a duty of loyalty not to hire anotheragent.
2-
The Italian legal system has created an agency relationship thatgives that agent unique powers. The principal and agent enter intoa contract under which the agent agrees to the principal’sstipulations. This contract, however, also requires that the agentmaintain the principal’s property. Under Italian law, the agentthen becomes _______.
Multiple Choice
the legal owner of the property and can transfer or contract itwithout the principal’s consent.
conservator of the property and must make sure it is returnedwithin 60 days.
an independent contractor and the property becomes his orhers.
responsible in tort if anything happens on the property or tothe property.
responsible for the taxes owed to the government on any propertythat is his or her possession.
3-
_______ relationships are the most common types of agencyrelationships.
Multiple Choice
Apparent agency
Implied agency
Express agency
Ratification agency
Applied agency
Introduction to Business Law
ISBN: 978-1285860398
5th edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson