Question: SECTION A INSTRUCTIONS: Questions in this section should be answered by shading your response on the scantron provided. Using the scenario below, please answer Questions
SECTION A
INSTRUCTIONS: Questions in this section should be answered by shading your response on the scantron provided.
Using the scenario below, please answer Questions
Ben had generously agreed to stored some of Ned's furniture. Much later he himself needed the storage space but was unable to contact N to tell him to remove the furniture. Ben sold the furniture claiming to do so as the agent of Ned. Which of the following statements would likely be part of Ben's defence?
a He acted in the interest of Ned
b The goods were left in his possession as his agent
c There was a commercial emergency
Based on the case in question which of the following statements would be the likely decision of the court?
a Ben had acted in the interest of Ned, therefore he was an agent by necessity
b Ben was agent's as there was a commercial emergency
c Ben was not Ned's agent as there was no commercial emergency
Which of the following is not an agency terminated by law?
a Mutual Agreement
b Bankruptcy
c Death of either principal or agent
The is the statutory body that is responsible for ensuring that goods being sold are or a specific quality
a Fair Trading Commission
b Bureau of Standards
c Consumer Affairs Commission
Kelly, Jack and Jill are bidding on a contract to fix the main road. Jill has been informed that Kelly and Jack are conspiring to submit similar bids so that one of them can win the contract. Jill wants to know to whom should she report what she was told. Your advice is the
a Fair Trading Commission
b Bureau of Standards
c Consumer Affairs Commission
At a hardware store Peter saw a new industrial mixer with a price tag of $ However when he reached the cashier the real price which was scanned was $ Peter wants to make a complaint to the relevant statutory body. This is the
a Fair Trading Commission
b Bureau of Standards
c Consumer Affairs Commission
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