An Agent Working for Two Principals at the Same Time

question 42

Multiple Choice

An agent working for two principals at the same time violates the duty of

• A) obedience.
• B) loyalty.
• C) accurate accounting.
• D) reasonable skill.

---

Definitions:

Employer Discretion

The latitude granted to employers in making decisions regarding hiring, salary levels, promotions, and employee termination.

Wages

Remuneration given to laborers for their efforts, usually measured in terms of hours worked, daily rates, or per unit of output.

Workers

Individuals engaged in a particular task or activity, especially in relation to their employment or contribution to the economy.

Marginal Product

The extra output obtained by utilizing an additional unit of a production input.