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5 Written questions

4 Multiple choice questions

  1. duty owed by principal to pay for losses agent incurred while acting as directed by principal
  2. a principal must compensate the agent as specified in the contract, or for the reasonable value of the services provided, if no amount is specified
  3. an agent must use reasonable efforts to give the principal information material to the affairs entrusted to her
  4. include the duty to provide an employee with reasonably safe conditions of employment

4 True/False questions

  1. fiduciary dutyan agent owes a duty of utmost loyalty and good faith to the principal

          

  2. independent contractorduty owed by principal to pay for losses agent incurred while acting as directed by principal

          

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

          

  4. Irrevocable Powersduty owed by principal to pay agent for authorized payments made on principal's behalf