Question
Gary (principal) hires Dawn (agent) to sell his house. Every time Dawn tries to bring a potential buyer to see Gary's house, he asks her
Gary (principal) hires Dawn (agent) to sell his house. Every time Dawn tries to bring a potential buyer to see Gary's house, he asks her to reschedule for another day. Dawn suspects that Gary does not actually want to sell his house.
Is Gary in breach of his duty?
- Yes, because he failed to warn Dawn of the potential for pecuniary loss.
- No, because Gary does not have a fiduciary duty to Dawn.
- Yes, because he has a responsibility to not interfere with Dawn's task.
- No, because principals have no duties toward their agents.
Who can own property in the United States today?
- All people and some nonhuman legal persons
- People and animals
- All people, animals, and nonhuman legal persons
- Only people
Nancy, a sixteen-year-old entrepreneur, appoints her friend Josh, who is twenty, to be her agent. She asks Josh to sign a contract with a supplier for several cases of frosting for her cupcake business. Josh contacts the supplier and notifies him of his agency for Nancy. After assuring the supplier that both he and Nancy are adults, Josh signs a contract promising to pay $200. After the first shipment of frosting goes out, Nancy loses interest in the business and disavows the contract.
Is Josh personally liable for the $200?
- Yes, because Josh was acting in a personal capacity.
- No, because Nancy is a minor and lacks capacity, and therefore may disavow a contract without liability.
- Yes, because Josh warranted to the seller that Nancy was of legal age to form a binding contract.
- No, because an agent is almost never liable for contracts signed on behalf of a principal.
Select the statement that best applies to the phrase "Animal cruelty-free."
- This phrase likely cannot be trademarked.
- This phrase is an example of a certification mark.
- This phrase is an example of a collective mark.
- This phrase is an example of a service mark.
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