Which of the Following Best Explains 'Agent Opportunism

question 29

Multiple Choice

Which of the following best explains 'agent opportunism'? 

• A) Where the agent is flexible in terms of contract pricing. 
• B) Where the agent is flexible in relation to delivery dates. 
• C) Where the agent will act primarily out of self-interest. 
• D) Where the agent is fully compliant with the contractual requirements.

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Definitions:

Discretionary Power

Authority granted to an individual or body to make decisions within certain guidelines without the need for explicit rules.

Administrative Tribunal

A specialized government body designed to resolve disputes in specific areas, such as employment, immigration, or social services, through a judicial-like process.

Natural Justice

The principles of fairness, including the right to a fair hearing and the rule against bias, applied in judicial and administrative decisions.

Successful Mediation

A process in which a neutral third party assists disputing parties in reaching a mutually agreeable solution, without needing litigation.