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​When an Agent Attempts to Reveal Information to the Principal

question 426

Multiple Choice

​When an agent attempts to reveal information to the principal, which of the following is occurring?


Definitions:

Negotiable Note

A financial instrument guaranteeing payment of a specific amount, which can be transferred among parties.

Cleverly Alters

Deliberately modifies or changes something in a skillful manner to achieve a specific purpose or effect.

Recourse

The right of an individual or entity to seek compensation or legal redress in the event of a breach of contract or other legal injury.

Negotiable

Describes items, like certain documents, that can be transferred from one party to another with the endorsement or delivery, retaining its value.

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