{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-20T23:10:25-04:00", "answer_date": "2024-06-20 23:10:25", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3378738", "url": "\/study-help\/questions\/1-the-duty-of-an-agent-is-said-to-be-3378738", "question_creation_date_js": "2024-06-20T23:10:25-04:00", "question_creation_date": "Jun 20, 2024 11:10 PM", "meta_title": "[Solved] 1. The duty of an agent is said to be ___ | SolutionInn", "meta_description": "Answer of - 1. The duty of an agent is said to be __________. Select one: a. impersonal b. fiduciary c. kindly d. friendly 2. Whic | SolutionInn", "meta_keywords": "1,duty,agent,select,one,impersonal,fiduciary,c,kindly,friendly,2,statements", "question_title_h1": "1. The duty of an agent is said to be __________. Select one: a. impersonal b. fiduciary c. kindly d. friendly 2. Which of the", "question_title": "1. The duty of an agent is said to be __________. Select", "question_title_for_js_snippet": "1 The duty of an agent is said to be Select one a impersonal b fiduciary c kindly d friendly 2 Which of the following statements is INCORRECT Select one a In an agency contract, the principal has the right to repudiate transactions which were dealt without the consent of the principal b A minor can be an agent c A person who sometimes becomes unsound mind can be a principal d An agent must have a principal whose existence and capacity can be determined at the time of the contract 3 A sale takes place when the ownership in the goods has passed to the Select one a buyer b seller c owner d dealer 4 Types of goods mentioned in the Sale of Goods Act 1957 does not include Select one a specific goods b existing goods c indefeasible goods d unascertained goods 5 The Sale of Goods Act 1957 applies to contracts for the sale of goods where ownership is to be transferred immediately from the seller to the buyer and to contracts where the seller agrees to transfer ownership at a later date Select one a True b False", "question_description": "

1. The duty of an agent is said to be __________.<\/p>

Select one:<\/p>

a. impersonal<\/p>

b. fiduciary<\/p>

c. kindly<\/p>

d. friendly<\/p>

<\/p>

<\/p>

2. Which of the following statements is INCORRECT?<\/p>

Select one:<\/p>

a. In an agency contract, the principal has the right to repudiate transactions which were dealt without the consent of the principal.<\/p>

b. A minor can be an agent.<\/p>

c. A person who sometimes becomes unsound mind can be a principal.<\/p>

d. An agent must have a principal whose existence and capacity can be determined at the time of the contract.<\/p>

<\/p>

<\/p>

3. A sale takes place when the ownership in the goods has passed to the<\/p>

Select one:<\/p>

a. buyer.<\/p>

b. seller.<\/p>

c. owner.<\/p>

d. dealer.<\/p>

<\/p>

<\/p>

<\/p>

4. Types of goods mentioned in the Sale of Goods Act 1957 does not include<\/p>

Select one:<\/p>

a. specific goods.<\/p>

b. existing goods.<\/p>

c. indefeasible goods.<\/p>

d. unascertained goods.<\/p>

<\/p>

<\/p>

<\/p>

5. The Sale of Goods Act 1957 applies to contracts for the sale of goods where ownership is to be transferred immediately from the seller to the buyer and to contracts where the seller agrees to transfer ownership at a later date.<\/p>

Select one:<\/p>

a. True<\/p>

b. False<\/p>

<\/p>", "transcribed_text": "", "related_book": { "title": "Construction accounting and financial management", "isbn": "135017114, 978-0135017111", "edition": "2nd Edition", "authors": "Steven j. Peterson", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/246.jpg", "uri": "\/textbooks\/construction-accounting-and-financial-management-2nd-edition-246", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8988887003", "uri": "\/textbooks\/exec-on-the-desk-the-never-before-told-story-of-how-the-future-of-work-came-to-be-1st-edition-979-8988887003-184600", "name": "Exec On The Desk The Never Before Told Story Of How The Future Of Work Came To Be", "edition": "1st Edition" }, "question_posted": "2024-06-20 23:10:25", "see_more_questions_link": "\/study-help\/questions\/social-sciences-psychology-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/there-are-two-different-tetramethyl-derivatives-of-cyclooctatetraene-that-have", "description": "There are two different tetramethyl derivatives of cyclooctatetraene that have methyl groups on four adjacent carbon atoms. 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