The Duty of an Agent to Keep His Principal Informed

question 275

Multiple Choice

The duty of an agent to keep his principal informed of all facts relevant to the agency purpose is called the duty:

• A) to account
• B) of obedience
• C) to indemnify
• D) of loyalty
• E) none of the other choices

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Definitions:

Group Unity

The degree to which members of a group or team feel connected and committed to each other, often characterized by shared goals, mutual support, and coherence.

Tuckman's Group Development

A theory proposing that teams go through distinct stages: forming, storming, norming, performing, and adjourning.

Storming

A stage in group development where members experience conflicts and competition as they seek to establish roles and norms within the group.

Adjourning

The final stage in group development, characterized by the disbandment of the group after achieving its goals or completing its tasks.