Which of the Following Is a Duty a Principal Has

question 12

Multiple Choice

Which of the following is a duty a principal has toward the agent?

• A)A principal must provide the agent with a record of all monetary transactions.
• B)A principal must obey routine instructions from the agent.
• C)A principal must keep the agent informed of all financial activities.
• D)A principal must reimburse the agent for expenses incurred during the agency.

---

Definitions:

Referrals

A method of recruitment in which existing employees recommend potential candidates for job openings within the organization, often seen as a trusted source for new hires.

Nepotism

The practice of hiring relatives.

Self-Selection

The process where individuals choose to participate in or withdraw from activities or opportunities based on their preferences, interests, or perceived skills.

Job Advertisements

Public or internal postings by employers seeking to fill positions, outlining the job responsibilities, required qualifications, and application process.