Multiple Choice
Which of the following statements is true of an exclusive agency contract?
A) It does not permit an agent to work for a different principal for the duration of the agreement.
B) It occurs when an unauthorized agent commits a principal to an agreement which the principal later accepts.
C) An agent can recover monetary damages, court costs, and attorney's fees if a principal fails to live up to this agreement.
D) An agent has the authority to make decisions concerning a principal's medical care in the event of a serious illness that renders the principal mentally incompetent.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Edward leaves Sarah, the cashier, in charge
Q43: Which of the following statements is true
Q44: Which of the following is most important
Q45: If the principal is undisclosed, an agent
Q46: One of the duties of a principal
Q48: Which of the following statements is true
Q49: Charlie is a plumber who uses his
Q50: How do courts decide who is liable
Q51: Ralph is a skilled carpenter who supplies
Q52: A principal may be liable for the