Question
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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