When an Agent Breaches a Duty Owed to the Principal

question 20

Multiple Choice

When an agent breaches a duty owed to the principal, the agent may:

• A) not be discharged until the contract has expired.
• B) be discharged without liability in spite of an unexpired contract.
• C) be discharged only if the principal can show actual damage.
• D) not be discharged until contractual damages are paid.

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Definitions:

Inheritance of Acquired Characteristics

An outdated scientific theory that proposed individuals can pass on traits acquired during their lifetime to their offspring.

Lamarck

Lamarck, Jean-Baptiste, was a French naturalist known for his early theory of evolution, proposing that organisms could pass on traits acquired in their lifetime to their offspring.

Hardy-Weinberg Equilibrium

A principle that states allele and genotype frequencies in a population will remain constant from generation to generation in the absence of evolutionary influences.