Which of the Following Is True If There Is No

question 19

Multiple Choice

Which of the following is true if there is no agreement between a principal and an agent regarding the amount for which the principal will compensate the agent?

• A) It will be assumed that the agent agreed to work for free on a gratuitous basis.
• B) The agent will be allowed to set the price which will be enforced unless it is unconscionable.
• C) The principal will be allowed to set the price which will be enforced unless it is unconscionable.
• D) The court will appoint a magistrate to set the price.
• E) Compensation will be calculated according to the customary fee in the situation.

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Definitions:

Informed Consent

A process ensuring that a participant is fully aware of all aspects of a procedure or experiment, including potential risks and benefits, before agreeing to participate.

Psychological Research

The systematic study of behavior, brain function, and mental processes through experiments and observation.

Unethical

Actions or behaviors that go against moral principles or professional standards, often causing harm or conflict.

Dependent Variable

The variable in an experiment that is observed and expected to change as a result of manipulations to the independent variable.