Ogden Corp. hired Thorp as a sales representative for nine months at a salary of $3,000 permonth

Question:

Ogden Corp. hired Thorp as a sales representative for nine months at a salary of

$3,000 permonth plus 4 percent of sales.Which of the following statements is correct?

a. Thorp is obligated to act solely in Ogden’s interest in matters concerning Ogden’s business.

b. The agreement between Ogden and Thorp formed an agency coupled with an interest.

c. Ogden does not have the power to dismiss Thorp during the nine-month period without cause.

d. The agreement between Ogden and Thorp is not enforceable unless it is in writing and signed by Thorp.

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

Question Posted: