________ Is Allowed by a Principal When an Agent Breaches

question 65

Multiple Choice

________ is allowed by a principal when an agent breaches an agency contract, which allows the principal to nullify at his or her discretion any contract the agent negotiated.

• A) Avoidance
• B) Indemnification
• C) First refusal
• D) Veto
• E) Specific performance

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Definitions:

Mass Transit

Public transportation systems that move large numbers of people efficiently across cities and surrounding areas.

Natural Increase

The growth in population size as a result of more births than deaths, excluding migration.

Infrastructure

The fundamental physical and organizational structures and facilities needed for the operation of a society or enterprise.

Population Density

The measure of the number of people living per unit of area, commonly expressed as people per square kilometer or square mile.