Which of the Following Is NOT True of an Agency

question 15

Multiple Choice

Which of the following is NOT true of an agency relationship:

• A)Both the principal and agent must consent
• B)The principal must control the actions of the agent
• C)It must be a paid relationship
• D)A principal is required in the relationship
• E)An agent is required in the relationship

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Definitions:

Cancel Button

A user interface element that allows users to terminate an operation or exit a dialog box without making any changes.

Status Bar

A part of a graphical user interface located at the bottom of a window, displaying information about the current state or context of the software or document being viewed.

Formula Bar

A toolbar at the top of spreadsheet applications that displays the contents of the current cell and allows for entering or editing formulas.

Typed Number

A value entered into a computer program or database that is recognized as a numeric datatype.