A Gratuitous Agent

question 67

Multiple Choice

A gratuitous agent:

• A) is a paid agent.
• B) is subject to the same duty of loyalty as other agents.
• C) has no duty of diligence.
• D) need not be reimbursed for her expenses.

---

Definitions:

Strategic Objectives

Long-term goals that an organization aims to achieve to realize its vision, typically involving significant milestones or targets.

Performance Metrics

Metrics employed to evaluate, benchmark, and monitor output or achievements over a period.

Performance Targets

Specific goals set by a business or project to gauge the effectiveness of operations and employees.

Strategic Initiatives

Key projects or plans undertaken by an organization to support and achieve its long-term goals and objectives.