Multiple Choice
Paul,who collects old cars,hires Andy to find and purchase a 1965 Ford Mustang on his behalf.Andy sees a car advertised that might be what Paul has in mind.Andy examines the car and falls in love with it.He decides to purchase it himself.Andy has:
A) usurped an opportunity
B) engaged in self-dealing
C) competed with the principal
D) not violated the duty of loyalty
Correct Answer:

Verified
Correct Answer:
Verified
Q13: In an undisclosed agency,both the principal and
Q15: The "frolic and detour" rule states that
Q24: Eric works for a construction company.He drives
Q25: An agent has been hired to buy
Q26: Edward is an employee of Huge Corporation
Q27: Tim played first base for a minor
Q28: Bob sells real estate in Knoxville for
Q31: When an agent negotiates a contract on
Q33: If an agent's motivation in committing an
Q34: Generally,a principal is liable for the acts