As a general rule, an agent is liable on contracts entered into on behalf of a fully disclosed principal. Question 7 options: True False Question 8 (10 points) Listen If Denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job. Question 8 options: True False Question 9 (10 points) Listen Nikki was an tax accountant with HBR Accounting. Nikki decided to do some tax consulting in the evenings and on weekends. HBR is unaware of Nikki's consulting work. Which statement is correct? Question 9 options: a) Nikki has not breached a fiduciary duty to HBR since her consulting is done after her work for HBR. b) Nikki has breached a fiduciary duty to HBR since she is competing with HBR. c) Nikki has not breached a fiduciary duty to HBR since her behavior does not reflect badly on the accounting firm. d) Nikki has not breached a fiduciary duty to HBR since Nikki has a contractual relationship with her clients, not her employer. Question 10 (10 points) Listen An agency relationship can be created Question 10 options: a) only if the agent is paid. b) only by a written agreement. c) by the conduct of the parties. d) only by the meeting of all the standards of contract law