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Which of the Following Statements Is True of an Agent

Question 41

Multiple Choice

Which of the following statements is true of an agent taking an opportunity?


A) An agent can legally take an opportunity that is entitled to the principal.
B) A third-party offer to an agent need not be conveyed to the principal.
C) An agent cannot appropriate an offer for him- or herself once the principal rejects it.
D) A principal is permitted to recover an opportunity usurped by an agent.

Correct Answer:

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