This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a duty a principal has toward the agent? A) A principal must provide the ... (Read 98 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library