Which of the Following Statements Is True of an Agent

question 82

Multiple Choice

Which of the following statements is true of an agent taking an opportunity?

• A)An agent can legally take an opportunity to which the principal is entitled.
• B)A third-party offer to an agent need not be conveyed to the principal.
• C)An agent cannot appropriate an offer for himself or herself once the principal rejects it.
• D)A principal is permitted to recover for a usurped opportunity taken by the agent.

---

Definitions:

Remunerations

The compensation or payment received by an individual for their services or labor, including salaries, wages, and benefits.

Perception

The process by which individuals interpret and make sense of sensory information to understand their environment.

Legitimate Power

Authority that is recognized and accepted by others within an organization due to a formal position or role.

Formal Authority

The power granted to an individual or organization by virtue of position or status, enabling them to enforce rules and make decisions.