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:

Voluntarily Sold

The act of willingly choosing to sell an asset or property without being forced by external circumstances.

Legal Action

The process of pursuing or defending a lawsuit in court to enforce or defend one's legal rights.

Disaffirmance

The process of rejecting or nullifying a previously agreed-upon contract, especially applicable to minors or parties lacking full capacity.

Defaming

The act of damaging someone's reputation through false or malicious statements.