You Contract with Sal, a Stock Broker, to Act as Your

question 32

Multiple Choice

You contract with Sal, a stock broker, to act as your agent to buy stocks for you.You specifically instruct Sal that you only want him to buy stocks for you that have a good dividends payment history.Sal carelessly buys you some shares that have never paid dividends.Which of the following describes a legal basis upon which you could claim relief?

• A)Sal's breach of his fiduciary duty of care as an agent
• B)Sal's breach of your implied instructions
• C)Sal's defamation
• D)Sal's breach to the stock vendor's of his warranty of authority
• E)Sal's breach of duty of care owed to you

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Definitions:

Typical Time

Generally refers to the usual or average time taken for a specific event or activity to occur.

Atypical Time

An irregular or unusual time period or instance, often deviating from what is commonly expected or normal.

Cohort

Refers to a group of people banded together or treated as a group, often used in studies to examine common characteristics or outcomes within the group over time.

Normative Age-Graded

Influences or events that are typical or expected to occur in a specific age period, affecting the majority of individuals within a culture or society in similar ways.