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5 Written questions

4 Multiple choice questions

  1. person who authorizes another to act on her behalf
  2. duty owed by principal to pay agent for authorized payments made on principal's behalf
  3. an agent must act with reasonable care, competence, and diligence in performing the work for which he is employed
  4. person who contracts with another to do a particular job and is not subject to the other's control over the manner and means of conducting the work

4 True/False questions

  1. Tort Dutiesa principal must compensate the agent as specified in the contract, or for the reasonable value of the services provided, if no amount is specified


  2. duty to informan agent must maintain and provide the principal with an accurate account of money or other property that the agent has received or expended on behalf of the principal; an agent must not mingle the principal's property with any other person's property


  3. agency by estoppelimposed by law when a person (P) causes a third person (T) to believe that another person (A) has authority to act on P's behalf


  4. agencyconsensual relationship authorizing one party (agent) to act on behalf of the other party (principal) subject to the principal's control


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