Secret Commissions by an Agent Are

question 10

Multiple Choice

Secret commissions by an agent are:

• A)never permitted.
• B)permitted where trade custom and usage allows it.
• C)permitted where an agent executes a bill of exchange in the agent's own name.
• D)permitted if they mean that the agent is paid a fair fee.

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Definitions:

Skills

Are the abilities and knowledge that enable an individual to perform specific tasks effectively.

Behavior

Pertains to the actions or reactions of an individual or a group in response to external or internal stimuli, encompassing physical movements and psychological processes.

Desirable Social Qualities

The traits or characteristics that are generally appreciated and sought after in social interactions and contexts, such as kindness, empathy, and respectfulness.

LMX Theory

Stands for Leader-Member Exchange Theory, suggesting that leaders develop unique one-to-one relationships with each of the people reporting to them.