If an Agent Indulges in Commingling, He _____

question 47

Multiple Choice

If an agent indulges in commingling, he _____.

• A) probably will not be liable for loss to the principal
• B) bears the risk of any loss to the principal
• C) will not be liable for any loss to the principal if the property is not wrongfully used
• D) is breaching the duty to communicate information

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Definitions:

Moral Development

The growth of an individual's understanding of right and wrong, including the formation of ethical and moral beliefs throughout life.

Piaget

A Swiss psychologist known for his pioneering work on children's cognitive development, proposing stages through which children progress as they grow.

Kohlberg

Referring to Lawrence Kohlberg, a psychologist known for his theory of moral development which is based on the concept of moral reasoning.

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, laws, and rules.