Exam 32: B: Agency Formation and Duties

Miracle Motors employs Norris as a sales agent for a trial period.At the end of the period,Miracle Motors and Norris disagree on the amount of the commissions Norris is due for sales that he made.Norris may demand

Free

(Multiple Choice)

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Question 1

Correct Answer:

Verified

Independent contractors have no control over the details of their work performance.

Free

(True/False)

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Question 2

Correct Answer:

Verified

False

Acts of a purported agent in and of themselves can create an agency by estoppel.

Free

(True/False)

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Question 3

Correct Answer:

Verified

False

Jill introduces Kelly to her friends as "my associate." Kelly purports to act as Jill's agent in several business transactions with those friends.If Jill is liable for Kelly's actions,it will be under

(Multiple Choice)

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Question 4

A principal does not have the right to control an agent's conduct in matters entrusted to the agent.

(True/False)

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Question 5

An agent has a duty to keep and make available to the principal an account of all property and funds received and paid out on behalf of the principal.

(True/False)

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Question 6

When an agency relationship is gratuitous,the agent does not act in exchange for payment.

(True/False)

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Question 7

Normally,all employees who deal with third parties are deemed to be agents.

(True/False)

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Question 8

A principal owes an agent a duty of estoppel.

(True/False)

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Question 9

Diego is a truck driver for Entertainment Supplies Company (ESC).Diego does exactly what ESC tells him.Diego is

(Multiple Choice)

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Question 10

Employment laws do not apply to independent contractors.

(True/False)

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Question 11

Delicious Coffee Company hires Elton to sell Delicious's products in a certain area.Delicious agrees to pay Elton a salary,plus commission,for a trial period.They also agree that Elton can sell using any methods and during any hours that seem appropriate.The key factor in whether Elton is Delicious's employee is

(Multiple Choice)

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Question 12

Glen is an agent for Hi-Flite,Inc.On Hi-Flite's behalf and at its request,Glen pays Ian for certain plane maintenance and repair serv?ices.Glen's right to obtain the amount of those payments from Hi-Flite arises under the principal's duty of

(Multiple Choice)

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Question 13

An agent is authorized to act on behalf of a principal in doing business with third parties.

(True/False)

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Question 14

A person must have contractual capacity to be an agent.

(True/False)

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Question 15

When an agent fails to perform his or her duties,liability for breach of contract may result.

(True/False)

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Question 16

A principal owes his or her agent a duty to act in good faith.

(True/False)

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Question 17

Calvin is a minor.In most states,Calvin may be

(Multiple Choice)

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Question 18

Bob,a salesperson at a Carpets Galore store,tells Dita,a customer,"Buy your carpet here,and I'll install it for half of what the store would charge." Dita buys the carpet,which Bob in?stalls for half the store's price.Bob keeps the money.Bob has breached

(Multiple Choice)

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Question 19

Agency relationships normally are consensual.

(True/False)

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Question 20

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Exam 32: B: Agency Formation and Duties

Miracle Motors employs Norris as a sales agent for a trial period.At the end of the period,Miracle Motors and Norris disagree on the amount of the commissions Norris is due for sales that he made.Norris may demand

Independent contractors have no control over the details of their work performance.

Acts of a purported agent in and of themselves can create an agency by estoppel.

Jill introduces Kelly to her friends as "my associate." Kelly purports to act as Jill's agent in several business transactions with those friends.If Jill is liable for Kelly's actions,it will be under

A principal does not have the right to control an agent's conduct in matters entrusted to the agent.

An agent has a duty to keep and make available to the principal an account of all property and funds received and paid out on behalf of the principal.

When an agency relationship is gratuitous,the agent does not act in exchange for payment.

Normally,all employees who deal with third parties are deemed to be agents.

A principal owes an agent a duty of estoppel.

Diego is a truck driver for Entertainment Supplies Company (ESC).Diego does exactly what ESC tells him.Diego is

Employment laws do not apply to independent contractors.

Glen is an agent for Hi-Flite,Inc.On Hi-Flite's behalf and at its request,Glen pays Ian for certain plane maintenance and repair serv?ices.Glen's right to obtain the amount of those payments from Hi-Flite arises under the principal's duty of

An agent is authorized to act on behalf of a principal in doing business with third parties.

A person must have contractual capacity to be an agent.

When an agent fails to perform his or her duties,liability for breach of contract may result.

A principal owes his or her agent a duty to act in good faith.

Calvin is a minor.In most states,Calvin may be

Bob,a salesperson at a Carpets Galore store,tells Dita,a customer,"Buy your carpet here,and I'll install it for half of what the store would charge." Dita buys the carpet,which Bob in?stalls for half the store's price.Bob keeps the money.Bob has breached

Agency relationships normally are consensual.

A: Introduction to Law and Legal Reasoning

B: Introduction to Law and Legal Reasoning

C: Introduction to Law and Legal Reasoning

D: Introduction to Law and Legal Reasoning

A: Courts and Alternative Dispute Resolution

B: Courts and Alternative Dispute Resolution

A: Court Procedures

B: Court Procedures

A: Constitutional Authority to Regulate Business

B: Constitutional Authority to Regulate Business

A: Ethics and Business Decision Making

B: Ethics and Business Decision Making

A: Intentional Torts and Privacy

B: Intentional Torts and Privacy

A: Negligence and Strict Liability

B: Negligence and Strict Liability

C: Negligence and Strict Liability

D: Negligence and Strict Liability

A: Intellectual Property and Internet Law

B: Intellectual Property and Internet Law

A: Criminal Law and Cyber Crimes

B: Criminal Law and Cyber Crime

A: Nature and Terminology

B: Nature and Terminology

C: Nature and Terminology

D: Nature and Terminology

A: Agreement in Traditional and E-Contracts

B: Agreement in Traditional and E-Contracts

A: Consideration

B: Consideration

A: Capacity and Legality

B: Capacity and Legality

A: Mistakes,fraud,and Voluntary Consent

B: Mistakes,fraud,and Voluntary Consent

A: The Statute of Frauds

B: The Statute of Frauds

A: Third Party Rights

B: Third Party Rights

A: Performance and Discharge

B: Performance and Discharge

A: Breach of Contract and Remedies

B: Breach of Contract and Remedies

A: The Formation of Sales and Lease Contracts

B: The Formation of Sales and Lease Contracts

C: The Formation of Sales and Lease Contracts

D: The Formation of Sales and Lease Contracts

A: Title,risk,and Insurable Interest

B: Title,risk,and Insurable Interest

A: Performance Breach of Sales Lease Contracts

B: Performance Breach of Sales Lease Contracts

A: Warranties and Product Liability

B: Warranties and Product Liability

A: International Law in a Global Economy

B: International Law in a Global Economy

A: The Function Creation of Negotiable Instruments

B: The Function Creation of Negotiable Instruments

C: The Function Creation of Negotiable Instruments

D: The Function Creation of Negotiable Instruments

A: Transferability and Holder in Due Course

B: Transferability and Holder in Due Course