Paul,who Collects Old Cars,hires Andy to Find and Purchase a 1965

question 29

Multiple Choice

Paul,who collects old cars,hires Andy to find and purchase a 1965 Ford Mustang on his behalf.Andy sees a car advertised that might be what Paul has in mind.Andy examines the car and falls in love with it.He decides to purchase it himself.Andy has:

• A) usurped an opportunity
• B) engaged in self-dealing
• C) competed with the principal
• D) not violated the duty of loyalty

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Definitions:

Emphatic Positions

Strongly expressed stances or opinions held with confidence and conviction, often intended to persuade or influence others.

Inductive Approach

A method of reasoning that involves drawing generalizations based on observations, starting from specific instances and moving towards broader principles.

Deductive Approach

A reasoning process that moves from a general premise to a specific conclusion.

Antagonizing

Actively causing someone to become hostile or creating an adversary unnecessarily.