Multiple Choice
Steven is a manufacturer's representative for Incell Corporation. One day he receives a big-screen television as a gift from one of the clients he contacts on behalf of Incell.
A) Steven must account to Incell for the gift he has received.
B) The big-screen television belongs to Incell rather than to Steven.
C) If he keeps the TV without telling Incell, he will have breached his fiduciary duty.
D) All of these are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: A principal owes to any agent the
Q38: Jones,an agent of Rossi,is authorized to sell
Q57: All employees are agents,but not all agents
Q72: By the operation of law, the occurrence
Q73: If Ridley, agent for Luke, finds out
Q74: A fiduciary duty, arising out of a
Q75: Authority conferred upon an agent for a
Q76: Which of the following agents would not
Q78: Mark hires Joe's real estate agency to
Q81: The principal has the duty to provide