Concepts Are

question 98

Multiple Choice

Concepts are

• A) empirically testable hypotheses.
• B) abstract ideas that are potentially measurable.
• C) ideas that can be directly seen.
• D) characteristics of a person of a group.

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Definitions:

Agent

An individual or entity authorized to act on behalf of another, often in business transactions, creating an agency relationship.

Gratuitous Agency

An agency relationship where the agent agrees to act on behalf of another party, the principal, without receiving any compensation.

Duty Of Obedience

A legal or ethical obligation requiring individuals to follow the lawful orders and policies of an organization or authority.

Duty Of Loyalty

A legal obligation requiring individuals to act in the best interests of another party, typically in a fiduciary relationship.