Which of the Following Is the Most Likely Result If

question 3

Multiple Choice

Which of the following is the most likely result if Sue sues Ronnie for purchasing the property from Bruce instead of offering it to her?

• A) Sue will lose because Ronnie had the right to act in his own best interest.
• B) Sue will lose but only because Ronnie was not involved in work duties when he heard about the property.
• C) Sue will lose because Ronnie had validly assigned all duties to Rick.
• D) Sue will win.
• E) Sue will win only if she can establish that she expressly told Ronnie that he could not assign the contractual duties under the contract.

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Definitions:

Securities Commission

A government agency or body responsible for enforcing securities laws, regulating the securities industry, and protecting investors.

Provincial Agency

A government entity or organization that operates at the provincial level, with specific administrative or regulatory functions.

Duty

A moral or legal obligation; a responsibility or task required by one's position, status, or law.

Prospectus

A public document disclosing relevant information about a corporation.