An Agent Has a Duty to Notify His Principal of All

question 261

True/False

An agent has a duty to notify his principal of all facts relevant to the purpose of the agency.

---

Definitions:

Norm Of Reciprocity

A social norm expecting individuals to help those who have helped them, ensuring mutual benefit and cooperation.

Conflict

A situation where incompatible goals, attitudes, emotions, or behaviors lead to disagreement or opposition between two or more parties.

Excitation Transfer Effect

The phenomenon where arousal from one stimulus is added to arousal from a second stimulus, intensifying the overall emotional experience.

Social Dominance Orientation (SDO)

A personality trait that predicts individuals' support for social hierarchy and the extent to which they desire their in-group to dominate and be superior to out-groups.