Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: HBR Accounting hired Denise,a CPA,to prepare tax
Q21: As a general rule,an agent is liable
Q23: You cannot be held liable for the
Q28: Jim agreed to show Donna's car to
Q32: Someone who is not paid for performing
Q33: In the case of an undisclosed principal,a
Q41: A principal must indemnify an agent for
Q42: Rob agrees to act as an agent
Q43: If the principal and agent agree in
Q44: The principle of liability stating that an