Which of the Following Is True in Relation to the Interplay

question 4

Multiple Choice

Which of the following is true in relation to the interplay of agency and equity?

• A) Agency, like a trust, allows management and ownership of property to be separated from the rights to enjoy the benefits of the property.
• B) Equity treats agents as fiduciaries, so that they may be held liable for account any abuse of their position as agents.
• C) Agency is a common law concept, and, as such, equity has not role to play in the enforcement of agency relationships.
• D) Agency is a common law concept and is protected by common law damages, Equity has nothing to add to the concept of agency,

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Definitions:

Superior Phrenic Artery

The superior phrenic artery supplies blood to the upper part of the diaphragm, the main muscle involved in breathing.

Blood Vessels

Tubular structures carrying blood through the tissues and organs; a network that includes arteries, veins, and capillaries.

Celiac Artery

A major artery that supplies oxygenated blood to the liver, stomach, abdominal esophagus, spleen, and the superior half of both the duodenum and the pancreas.

Stomach

A hollow organ in the gastrointestinal tract that digests food with acidic gastric juices before it moves into the intestines.