An Agent's Obligation to Perform the Duties Specified in the Agency

question 2

Multiple Choice

An agent's obligation to perform the duties specified in the agency agreement with reasonable skill and care is part of the agent's duty of ________.

• A)cooperation
• B)notification
• C)loyalty
• D)performance
• E)obedience

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Definitions:

Working Conditions

The environment, terms, and circumstances under which an individual is employed, including hours, physical aspects, legal rights, and responsibilities.

Tariff of Abominations

The nickname given to the Tariff Act of 1828, which imposed high duties on imports and was highly controversial, particularly in the Southern United States, which felt it economically disadvantaged them.

Agricultural Economy

An economy that is largely dependent on agricultural production and the cultivation of crops and livestock.

High Tariffs

Elevated taxes imposed on imported goods, intended to protect domestic industries by making foreign products more expensive.