Author Question: Janet was employed as a sales representative for Esday, Inc An appreciative customer gave her a ... (Read 80 times)

Destiiny22 · **on:** Jun 24, 2018

Janet was employed as a sales representative for Esday, Inc An appreciative customer gave her a diamond bracelet for all her hard work on a complicated contract. Can Janet keep the bracelet?
A)Yes. The bracelet was given to Janet personally and intended for her.
B)Yes, but only if she discloses the gift to Esday and Esday consents to her keeping the bracelet.
C)No. An agent is not allowed under any circumstances to personally profit as a result of the agency relationship.
D)No. The bracelet is regarded as an unfair trade practice and violates antitrust law.

Question 2

Terms of the sales contract must be reflected in the letter of credit, if not the buyer must clear all discrepancies upon examination of the letter of credit.
Indicate whether the statement is true or false