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Question 10 Which of the following is NOT required by the fiduciary duty? Avoiding self-dealing Avoiding conflicts of interest Avoiding asking for too high of

Question 10

Which of the following is NOT required by the fiduciary duty?

Avoiding self-dealing

Avoiding conflicts of interest

Avoiding asking for too high of a salary

Avoiding usurping corporate opportunity

Question 11

In which of the following cases would the contract be void ab initio?

If a minor enters into a contract

If a mentally incapacitated person, who does not have a guardian appointed to him or her, enters into a contract

If a mentally incapacitated person, who has an appointed guardian, but without that guardian present, enters into a contract

If a drunk person enters into a contract

Question 12

Agents are always independent contractors.

True

False

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