Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

Which of the following is the term used to describe the duty an agent has to follow the lawful instruction and direction of the principal?

Which of the following is the term used to describe the duty an agent has to follow the

lawful instruction and direction of the principal?

Duty of action

Duty of obedience

Express duty of action

Duty of contract

Duty of performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Contemporary Issues In Accounting Regulation

Authors: Stuart McLeay, Angelo Riccaboni

1st Edition

1461370736, 978-1461370734

More Books

Students also viewed these Accounting questions

Question

★★★★★

A balance sheet at December 31, 2011, for the Beck, Dee, and Lynn partnership is summarized as follows: Dee is retiring from the partnership. The partners agree that partnership assets, excluding...

Answered: 1 week ago

Question

★★★★★

Construct an NFA and hence design and draw the DFA equivalent to the regular expression (0+1)*000(10+01)*

Answered: 1 week ago

Question

★★★★★

What data items do you need to combine to be able to find duplicate payments?

Answered: 1 week ago

Question

★★★★★

The following production data came from the records of KoBron Athletic Enterprises for the year ended December 31, 2013: Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....

Answered: 1 week ago

Question

★★★★★

Which of the following is the term used to describe the duty an agent has to follow the lawful instruction and direction of the principal? Duty of action Duty of obedience Express duty of action Duty...

Answered: 1 week ago

Question

★★★★★

Brief Exercise 10-11 Pina Colada Corp. issues $2.80 million, 10-year, 6% bonds at 98, with interest payable each January 1. Your answer is partially correct. Try again. Prepare the journal entry to...

Answered: 1 week ago

Question

★★★★★

What are Fringe Benefits ? List out some.

Answered: 1 week ago

Question

★★★★★

Suppose the fictional country of Katmai produces only two goods: sorghum and microprocessors. The following graph plots Katmai's current production possibilities frontier, and includes six different...

Answered: 1 week ago

Question

★★★★★

Cost of Normal Spoilage Caused by Nature of Job Frieling Company installs granite countertops in customers' homes. First, the customer chooses the particular granite slab, and then Frieling measures...

Answered: 1 week ago

Question

★★★★★

Question 1 (0.5 points) Catrina Corporation took out a new insurance policy on their recently built offices. The policy cost $130,000 and covered 24 months, from Aug 1, 20x1 to the end of Jul 20X3....

Answered: 1 week ago

Question

★★★★★

STORY: Let us suppose that the average weight of all the 5-axle semi-trucks that drive on Florida highways is 75000 lbs, the standard deviation is 3000 lbs, and 47% of them have red tractor units....

Answered: 1 week ago

Previous Question Next Question