Which of the Following Is Not a Breach of an Agent's

question 32

Multiple Choice

Which of the following is not a breach of an agent's duty of obedience?

• A) Entering into an unauthorized contract for which his or her principal is liable.
• B) Refusing to follow the principal/employer's instruction to misrepresent the quality of a competitor's goods to a potential customer.
• C) Improperly delegating her authority.
• D) Committing a tort for which the principal is liable.

Comprehend how group decisions can suffer from limited information and lack of optimal leadership.

Identify the psychological dynamics involved in conforming to group norms or decisions under pressure.

Identify the non-oil related corporation with sales over $200 billion in 2008.

Understand the dynamics of inventory investment during a recession.

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Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Total Assets

The sum of all resources owned by a company, valued in monetary terms, including both current and non-current assets.

Total Liabilities

The combined amount of all debts and obligations owed by a business, including loans, accounts payable, and other financial liabilities.

Total Revenue

The total amount of money received by a company from its various activities before any expenses are subtracted.