An Agent Cannot Represent Both the Principal and a Third

question 50

Multiple Choice

An agent cannot represent both the principal and a third party in an agreement because there could be a ______.

• A) Consortium
• B) Disagreement
• C) Conflict of interest
• D) Delineation of interest
• E) Absolution

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Definitions:

Appreciation

The recognition and valuing of the qualities or achievements of someone or something, often leading to a positive emotional response.

Incentive Programs

Schemes designed to motivate and encourage people, typically employees, to achieve certain goals or performance levels.

Gratitude

A feeling of thankfulness and appreciation for what one has or has received.

Human Quality

Intrinsic characteristics or traits that define and distinguish humans, often related to moral, ethical, and emotional capacities.