This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An agent must perform instructions provided by the principal. If the agent fails to do so, he ... (Read 64 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
An agent must perform instructions provided by the principal. If the agent fails to do so, he violates:
 a. the duty of cooperation b. the duty of accounting c. the duty to reimburse
  d. the duty of loyalty
  e. none of the other choices are correct

Question 2

On May 2, Lace Corp, an appliance wholesaler, offered to sell appliances worth 3,000 to Parco, Inc, a household appliances retailer. The offer was signed by Lace's president and provided that it would not be withdrawn before June 1 . It also included the shipping terms: F.O.B.Parco's warehouse.. On May 29, Parco mailed an acceptance of Lace's offer. Lace received the acceptance June 2 . Which of the following is correct if Lace sent Parco a telegram revoking its offer and Parco received the telegram on May 25?
 a. A contract was formed on May 2.
  b. Lace's revocation effectively terminated its offer on May 25.
  c. Lace's revocation was ineffective because the offer could not be revoked before June 1.
  d. No contract was formed because Lace received Parco's acceptance after June 1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

e

Answer to Question 2

.C


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

The Principal Parts of a Multipolar Neuron The Principal Parts of a Multipolar Neuron
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
The hierarchical organization of the sensory systems. The receptors perform the simplest and most ... The hierarchical organization of the sensory systems. The receptors perform the simplest and most ...
Walk around the head of the table to the left side and reach across to perform threecount stroking ... Walk around the head of the table to the left side and reach across to perform threecount stroking ...
Alternate kneading and shaking the thigh muscles. (A) Perform two-handed kneading over the lateral, ... Alternate kneading and shaking the thigh muscles. (A) Perform two-handed kneading over the lateral, ...
The study of how traits such as flower color are passed from generation to generation provided the m The study of how traits such as flower color are passed from generation to generation provided the m
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library