Question
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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