Which of the Following Best Describes a Flow Rather Than

question 52

Multiple Choice

Which of the following best describes a flow rather than a stock?

• A) You own $5,000 worth of government bonds.
• B) You own a house valued at $100,000.
• C) You own a coin collection valued at $10,000.
• D) You earn $500 per week.
• E) You own an automobile worth $45,000.

Know the legal remedies and liabilities when either the agent or principal fails to fulfill their obligations.

Comprehend the importance of written agreements in clarifying the agency relationship and duties involved.

Recognize situations that might inadvertently establish agency relationships and understand their potential legal ramifications.

Understand the basic principles and laws governing sensation and perception.