An Agent's Duties When Executing Agency Include

question 48

Multiple Choice

An agent's duties when executing agency include:

• A)reimbursement of the principal for all expenses incurred in the execution of the agency.
• B)indemnification of the principal for any authorized payments or any loss incurred by the agency.
• C)performance of duties according to the principal's instruction and notification of the principal of all facts concerning the subject matter of the agency.
• D)All of the above

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, often based on race, age, gender, or religion.

Observational Learning

The process of acquiring skills, knowledge, or behaviors by watching and imitating others, rather than through direct experience or instruction.

Unconditioned Stimulus (US)

In classical conditioning, a stimulus that naturally triggers a response without any prior learning.

Unconditioned Response (UR)

In classical conditioning, the unlearned, naturally occurring response to the unconditioned stimulus (US), such as salivation when food is in the mouth.