An Agent Will Breach Their Duty to Act Personally If

question 53

Multiple Choice

An agent will breach their duty to act personally if they:

• A)Delegate administrative aspects of the task to an employee.
• B)Arrange for another to carry out the task, even if the principal gives their permission.
• C)Keep to themselves information they learn that is of obvious interest to the principal.
• D)Appoint an agent to carry out the principal's instructions on behalf of the agent, without informing the principal.

---

Definitions:

Tuition

The fee for instruction, especially for higher education institutions.

Price-Elastic

Describes a situation where the demand for a product changes significantly in response to changes in its price.

Total Revenue

The full amount of income generated by a business from selling goods or services, calculated as price per unit times the number of units sold.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.