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Author Question: Which of the following is a duty a principal has toward the agent? A) A principal must provide the ... (Read 47 times)

tiara099

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on: Jun 24, 2018
Which of the following is a duty a principal has toward the agent?
 A) A principal must provide the agent with a record of all monetary transactions.
 B) A principal must obey routine instructions from the agent.
 C) A principal must keep the agent informed of all financial activities.
 D) A principal must compensate the agent for his or her services.

Question 2

Carol, who is planning to move out of town, offers to sell her sofa to her friend Betty for 750. Betty says, I'll take it, and I would like you to throw in the coffee table along with it. Under Article 2 of the UCC, Carol and Betty have:
 A) no contract, because of the mirror image rule.
 B) no contract because Carol did not accept Betty's counteroffer.
 C) a contract for both the sofa and coffee table.
 D) a contract for the sofa only.


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Koolkid240

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

D


tiara099

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Reply #2 on: Jun 24, 2018
Thank you :)


Koolkid240

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Reply #3 on: Jun 24, 2018
Happy to help you


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