If a Principal Agrees to Hire No Other Agent for a Period

question 44

Multiple Choice

If a principal agrees to hire no other agent for a period of time or until a particular job is done,the principal and agent have entered into a[n] _ agency contract.

• A)Exclusive
• B)Exact
• C)Identified
• D)Encompassing
• E)Specific

---

Definitions:

Prosperity

A state of being successful, especially in financial terms, marked by flourishing conditions and/or wealth.

Acceptance Theory

Suggests that the effectiveness of leadership or management depends on the consent and support of followers or workers.

Herzberg's Theory

A motivational theory dividing factors at work into two categories: hygiene factors, which can cause dissatisfaction, and motivators, which can create satisfaction.

Institutional Theory

A theory that emphasizes the role of institutions in shaping the behavior and decisions of individuals and organizations by establishing norms, values, and rules.