Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What can happen if a licensee does not make it clear to the other party in a transaction --who is a former client--that there is

image text in transcribed

What can happen if a licensee does not make it clear to the other party in a transaction --who is a former client--that there is no longer an agency relationship between them for this new transaction? Select one: a. The licensee could end up as the unintended agent of the former client. b. The licensee could lose a chance to claim compensation for services rendered to the former client. c. All of these are correct. d. The former client may reveal confidential information to the licensee and hurt his/her own bargaining position. What can happen if a licensee does not make it clear to the other party in a transaction --who is a former client--that there is no longer an agency relationship between them for this new transaction? Select one: a. The licensee could end up as the unintended agent of the former client. b. The licensee could lose a chance to claim compensation for services rendered to the former client. c. All of these are correct. d. The former client may reveal confidential information to the licensee and hurt his/her own bargaining position

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance Principles And Practice

Authors: Denzil Watson, Antony Head

5th Edition

0273725343, 978-0273725343

More Books

Students also viewed these Finance questions

Question

Design Active Directory forests and domains.

Answered: 1 week ago