Which of the Following Statements Is True of an Exclusive

question 47

Multiple Choice

Which of the following statements is true of an exclusive agency contract?

• A) It does not permit an agent to work for a different principal for the duration of the agreement.
• B) It occurs when an unauthorized agent commits a principal to an agreement which the principal later accepts.
• C) An agent can recover monetary damages, court costs, and attorney's fees if a principal fails to live up to this agreement.
• D) An agent has the authority to make decisions concerning a principal's medical care in the event of a serious illness that renders the principal mentally incompetent.

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Definitions:

Observation

The action or process of closely monitoring or noting the behavior or characteristics of individuals or phenomena.

Performance-Based Assessment

The evaluation of an individual using a variety of informal assessment procedures that are often based on real-world responsibilities. This kind of assessment is not highly loaded for cognitive skills, and these procedures are sometimes seen as an alternative to standardized testing (e.g., a portfolio). Type of informal assessment.

Speed And Agility

Physical attributes that measure how quickly an individual can move from one point to another and change direction efficiently.