Which of the Following Is a Course of Action for a Principal

question 76

Multiple Choice

Which of the following is a course of action for a principal if an agent is found competing with him or her?

• A) The principal can recover damages from the agent if the competition continues after the agency has ended.
• B) The principal can recover profits made by the agent.
• C) The principal is given an option of buying the agent's competing venture.
• D) The principal is not allowed to recover for lost sales due to the agent's competing venture.

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Definitions:

Contingency Management

A behavioral therapy approach that rewards individuals for demonstrating desired behaviors or achieving specific goals.

Nondepressive Activities

Activities undertaken to promote psychological well-being or alleviate symptoms of depression, focusing on lifting mood and increasing engagement with life.

Providing Sympathy

The act of showing understanding and compassion towards another person’s suffering or hardships.

Irrational Thoughts

Thoughts that are not based on reason or logic, and often stem from misconceptions, fears, or misunderstandings.