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If a principal is held criminally liable for the criminal activity of his or her employee, he or she will be a fined and imprisoned.

If a principal is held criminally liable for the criminal activity of his or her employee, he or she will be

a

fined and imprisoned.

b

imprisoned but not fined.

c

neither fined nor imprisoned.

d

fined but not imprisoned.

Agents are to be paid for any losses they may incur or damages suffered as a result of a request by the principal. This is referred to as the duty of

a

compensation

b

reimbursement

c

indemnification

d

cooperation

Person A is working with Person B on forming a contract for the sale of land. Person B is under the assumption that Person A is representing herself. In fact, Person A is representing another party, a major retailer who will develop the land and build a large store. This describes a(n)

a

disclosed principal

b

undisclosed principal

c

partially disclosed principal

d

unique principal

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