One of the Duties Generally Imposed on the Principal by the Common

question 31

Multiple Choice

One of the duties generally imposed on the principal by the common law is:

• A)the duty to share profits and losses.
• B)the duty to reimburse and indemnify.
• C)the duty to account for funds and property.
• D)the duty to consult.

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Definitions:

Organizational Hierarchy

A system in which people within an organization are ranked according to levels of authority and responsibility.

Encoding

The process of converting information into a form that can be stored in memory or communicated to others.

Decoding

The process of interpreting and making sense of messages or information received.

Downward Communication

The process of information flow from higher managerial or organizational levels to lower levels, typically involving directives, instructions, and policy announcements.