Which of the Following Is NOT a Major Duty, Which

question 12

Multiple Choice

Which of the following is NOT a major duty, which the agent owes to the principal?

• A) Duty to obey instructions.
• B) Duty to act in good faith and with loyalty.
• C) Duty to indemnify.
• D) Duty to exercise care.

---

Definitions:

Test Statistic

A value calculated from sample data that is used in a hypothesis test to decide whether to reject the null hypothesis.

T Test

A statistical hypothesis test used to compare the means of two groups and determine if they come from the same population by analyzing the difference.

T Value

A value calculated in a t-test that assesses the difference between two means relative to the variation in the data.

Critical Value

The threshold or point on the test distribution that is compared with the test statistic to determine whether to reject the null hypothesis.