Which of the Following Is True of the Duty of Agents

question 53

Multiple Choice

Which of the following is true of the duty of agents to the principal?

• A)The duty not to use or disclose confidential information terminates after the agency ends.
• B)When conducting the principal's business,an agent can deal with himself.
• C)Except for compensation,an agent should not profit from acting on behalf of the principal.
• D)A gratuitous agent does not have the same fiduciary duty as a paid agent.

Comprehend the stages of demographic transition and their impact on population dynamics.

Explain the development and characteristics of the postmodern city.

Understand the factors influencing population dynamics and urban development globally.

Understand the defining features of postmodern cities.

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Definitions:

Straight Bankruptcy

Also known as Chapter 7 bankruptcy, it involves the liquidation of a debtor's non-exempt assets to pay creditors.

Federal Law

Laws passed by the national government of the United States that apply throughout the country.

State Law

State law refers to the legal rules and regulations that are enacted and enforced by individual states within a country, as opposed to federal or national laws.

Bankruptcy Claims

Rights to payment recognized by a bankruptcy court from entities or individuals who have filed for bankruptcy protection.