Question: Identify a correct statement about a principal agent , or employer employee , relationship. Multiple choice question. The agent is under no obligation when representing

Identify a correct statement about a principalagent, or employeremployee, relationship.
Multiple choice question.
The agent is under no obligation when representing the principal.
The agent can take all work-related decisions without consulting the principal.
Unwarranted misconduct of the agent does not cause injuries to the principal.
The principal has to use care to prevent the agent from coming to any harm during the agency relationship.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Which of the following is an obligation a principal, or employer, has toward an agent, or employee, in an employment agency relationship? Multiple choice question. Act solely based on the personal...

Q:

Which of the following is an obligation a principal, or employer, has toward an agent, or employee, in an employment agency relationship? Multiple choice question. Entertain and accept every request...

Q:

Which of the following is an obligation a principal, or employer, has toward an agent, or employee, in an employment agency relationship? Multiple choice question. Act solely based on the personal...

Q:

Question 1 Kapofi leases his house to Nomcebo. Kapofi and Nomcebo agree that their contract of lease will come to an end when Nomcebo's son, Daniel comes from Dubai. A year after the conclusion of...

Q:

Identify a correct statement about a principal - agent, or employer - employee, relationship. Unwarranted misconduct of the agent does not cause injuries to the principal. The agent can take all work...

Q:

In the context of the law of agency, identify a correct statement about an agency relationship. Multiple choice question. One individual acts on behalf of another. The party for whom an individual...

Q:

20) When an offer and acceptance contain contradicting terms, the different terms A. are gap fillers. B. generally cancel each other out. C. generally become part of the bargain. D. materially alter...

Q:

In the context of tort liability and agency relationships, which of the following is an accurate statement? Multiple choice question. A principal cannot be held liable for the unauthorized acts of...

Q:

In the context of tort liability and agency relationships, which of the following is an accurate statement? Multiple choice question. If an agent commits a tort that injures a third party, the agent...

Q:

PLEASE USE THE PHOTOS I SEND YOU AND NOT ANYWHERE ELSE ILL LEAVE U A GOOD COMMENT AND A THUMBS UP. THE FIRST THREE PHOTOS ARE FOR NUMBER 1 AND THE REST ARE FOR NUMBER 2 FOR NUMBER 1 THE QUESTIONS ARE...

Q:

At the beginning of 2020, Dr. John opened his medical practice as a personal service corporation. The entity uses a December 31year-end calendar year and the accrual method of accounting. During the...

Q:

Do you think that there is a formula for determining in every case what our moral duty is? If so, what is it?

Q:

For each of the following accounts, list the five management assertions from most to least important for that account. State the reason justifying your order. Cash is completed as an example. ( a )...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...