In Which of the Following Scenarios Is the Agent Exposed

question 44

Multiple Choice

In which of the following scenarios is the agent exposed to the greatest risk of liability?

• A) disclosed principal and authorized contract
• B) undisclosed principal and authorized contract
• C) partially disclosed principal and authorized contract
• D) authorized receipt of money from third person remitted to disclosed principal

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Definitions:

Work Stoppages

Instances when work is temporarily halted due to disputes, strikes, or other issues between employees and management.

Craft Unions

Labor unions representing workers in specific trades or crafts, focusing on skill development, standards, and wages within their trade.

Industrial Unions

Labor unions that represent all workers, skilled and unskilled, within a particular industry, advocating for their rights, wages, and working conditions.