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True/False 1. An agency relationship involves someone agreeing to perform a task for, and under the control of someone else. 2. The parties to an
True/False 1. An agency relationship involves someone agreeing to perform a task for, and under the control of someone else. 2. The parties to an agency relationship are a fiduciary and an agent. 3. An agent owes certain duties to the principal, including duties of loyalty, to obey instructions, of care and to provide information. 4. An agent has the ability to bind the principal to a contract if the agent has express, implied or apparent authority. 5. There are no legal implications between agents whether they are independent contractors or employees. 6. The traditional rule in the employment relationship has been employment is "at will", where employees could be fired for good cause, bad cause or no cause at all. 7. The Fair Labor Standards Act guarantees workers up to 12 weeks of unpaid leave. 8. Most workers are guaranteed the right to organize and join unions under federal law
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