The Concept of Conflict of Interest as It Relates to the Law

question 25

Multiple Choice

The concept of conflict of interest as it relates to the law of agency includes which of the following?

• A)An agent may take a position that conflicts with the principal only if the principal, with full knowledge of all the facts, consents.
• B)An agent may not represent her principal in a transaction in which the agent has a personal interest.
• C)An agent may not act on behalf of adverse parties to a transaction without both principals' approval of the dual agency.
• D)All of the above.

Appreciate the effectiveness of blogs for team coordination across geographical distances.

Understand the application of blogs in customer education and engagement.

Evaluate the interactivity of business blogs and their role in generating discussions.

Explain the practice of tagging in blogs and its advantages for content discoverability.

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Definitions:

Nuclear Membrane

The double lipid bilayer membrane which surrounds the genetic material and nucleolus in eukaryotic cells.

Cell Organelle

Specialized subunits within a cell that have specific functions, essential for the cell to operate properly, such as mitochondria and the Golgi apparatus.

Nucleus

The central and most important part of an atom, cell, or object, containing the protons and neutrons in the case of an atom, or genetic material in the case of a cell.

Carbonic Acid

A weak acid that is formed in solution when carbon dioxide is dissolved in water, playing a vital role in the buffering system of the blood.