Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which duty has been violated in the following scenario? Your agent has been instructed to sell your goods for $ 4 0 0 per pound.

Which duty has been violated in the following scenario?
Your agent has been instructed to sell your goods for $400 per pound. Your agent has heard of a new business that is willing to pay $500 per pound but since you told the agent to sell at $400 they do so. You find out later that your agent knew of the $500 per pound price.
a. duty of diligence
b. duty of good conduct
c. duty of obedience
d. duty to inform
e. duty to account
image text in transcribed

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_2

Step: 3

blur-text-image_3

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

Management

Authors: Stephen P Robbins, Mary Coulter

11th Edition

9780273752776, 132163845, 273752774, 978-0132163842

More Books

Students also viewed these General Management questions