Exam 15: Agency
Exam 1: Introduction to Law45 Questions
Exam 2: Business Ethics and Social Responsibility45 Questions
Exam 3: Dispute Resolution45 Questions
Exam 4: Common Law, statutory Law, and Administrative Law45 Questions
Exam 5: Constitutional Law45 Questions
Exam 6: Torts45 Questions
Exam 7: Crime45 Questions
Exam 8: International Law45 Questions
Exam 9: Introduction to Contracts45 Questions
Exam 10: Legality, consent, and Writing45 Questions
Exam 11: Conclusion to Contracts45 Questions
Exam 12: Sales and Product Liability45 Questions
Exam 13: Negotiable Instruments and Banks45 Questions
Exam 14: Secured Transactions and Bankruptcy45 Questions
Exam 15: Agency45 Questions
Exam 16: Employment Law45 Questions
Exam 17: Labor Law45 Questions
Exam 18: Starting a Business: Llcs and Other Options45 Questions
Exam 19: Corporations45 Questions
Exam 20: Securities Regulation45 Questions
Exam 21: Antitrust45 Questions
Exam 22: Cyberlaw45 Questions
Exam 23: Intellectual Property45 Questions
Exam 24: Property45 Questions
Exam 25: Consumer Law45 Questions
Exam 26: Environmental Law45 Questions
Select questions type
Cameron,editor of the local newspaper,assigned to Jim the writing of a story about pollution of a nearby stream.Although Jim used reasonable care in gathering and checking his information,unknown to Jim,the story contained a defamatory statement about Maureen.Maureen reads the story and sues Jim for libel.Cameron,who read and published the story:
Free
(Multiple Choice)
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Correct Answer:
A
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?
Free
(Multiple Choice)
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Correct Answer:
B
Brittany asks Tomas if she can buy his 25-acre tract of land.She does not mention that she is acting on behalf of Wheatland Cooperative.Brittany is:
Free
(Multiple Choice)
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Correct Answer:
C
Victoria is the director of marketing for B & G Corporation.Victoria needed to negotiate an out-of-town contract on behalf of B & G.B & G has a legal duty to reimburse Victoria for the hotel expenses she incurs on the trip to negotiate the contract.
(True/False)
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Jackie is an employee for Hardware Store,Inc.When attempting to open a can of bright orange paint,she accidentally spills paint on Maggie,a customer in the store.Maggie claims that her $800 business suit is ruined.The legal liability here can best be described as:
(Multiple Choice)
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An agency will be terminated in all but which one of the following situations?
(Multiple Choice)
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Factors influencing whether an employee is acting "within the scope of employment" include all but which of the following?
(Multiple Choice)
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Jolene hired Lacy to find a buyer for her house.Adam was interested in buying the house.If both Jolene and Adam agree,Lacy,a real estate agent,may represent both parties.
(True/False)
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Nikki was a tax accountant with HBR Accounting.Nikki decided to do some tax consulting in the evenings and on weekends.HBR is unaware of Nikki's consulting work.Which statement is correct?
(Multiple Choice)
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Mrs.O'Leary hired Jenna to sell her house in Michigan.She executed a power of attorney in favor of Jenna authorizing her to do "anything and everything associated with the sale of real estate,acting as a prudent person." On May 30,Jenna finalized a deal with Brandon for the purchase of the house.Brandon and Jenna signed the real estate contract that day.Jenna learned the next day that Mrs.O'Leary had died May 29.The contract is:
(Multiple Choice)
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Maylin has the authority to delegate her tasks as agent for Brian unless he has expressly restricted her from doing so.
(True/False)
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Renee works for a restaurant.One Saturday morning,she and several other employees participate in a "fun run" to benefit a charitable cause.She is not paid for this activity but she and her co-workers wear clothing bearing the company's name.While running through a street,Renee accidentally trips a fellow runner.The runner claims that both Renee and her company are liable for his injuries.Most likely:
(Multiple Choice)
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What are the requirements for and the effect of a ratification of an agent's unauthorized act?
(Essay)
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Jerry agreed to show Sharon's car to a potential buyer.Sharon was not able to be home since she had to attend a meeting.After showing the car,Jerry left the keys in it and the car was stolen.Since Jerry was a gratuitous agent,he:
(Multiple Choice)
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One potential remedy for an agent's breach of duty is that a principal can recover from the agent any damages the breach has caused.
(True/False)
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Larry decided to relocate to Germany.Larry hired Happy Homes,Inc.to find a buyer and contract for the sale of his house in the United States.The agency relationship between Larry and Happy Homes may be created by an oral agreement.
(True/False)
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Wanting to save the money she would have to pay for a commission,Marsha asks her friend Howard to check on the Internet and see if he can find a five-day cruise to the Bahamas for under $400 and if he does,to book it for her.He agrees,but later tells her he doesn't have time to check for her.Howard is:
(Multiple Choice)
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