If an agent indulges in commingling, he ________.
A. will not be liable for any loss to the principal if the property is not wrongfully used
B. bears the risk of any loss to the principal
C. probably will not be liable for loss to the principal
D. is breaching the duty to communicate information
Answer: B
You might also like to view...
What is channel power? Explain the various types of channel powers
What will be an ideal response?
If bonds with a face value of $300,000 are sold at 105, Cash is debited for
a. $105,000; b. $300,000; c. $305,000; d. $315,000; e. none of these.
Sales promotion involves building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Age, sex, and family size are all social factors that affect the buying decision. 2. An example of a psychological factor in buying decisions was my donation of $500 to the Red Cross after 9/11. 3. The consumption chain begins with the consumer’s search for a product. 4. Marketers can develop a market advantage around any element in the consumption chain. 5. Organizational buying differs from consumer buying in that organizational purchases are much larger and more frequent.