IMs are quick, short, and once sent are gone forever
Indicate whether the statement is true or false
False
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Vlad, as agent, is paid $5,000 owed by a debtor of Lee, Vlad's principal. Instead of giving it immediately to Lee, Vlad invests it in the stock market. Luckily, the market price of that particular stock rises to $10,000 before Lee learns of the wrongdoing. Under these circumstances, ________.
A. Vlad cannot be sued as the money was put to good use B. Vlad is not guilty of wrongdoing because he managed to make a profit C. Lee is entitled to all of the stock D. Lee is entitled only to $5,000
Frida hires Gert, a real estate broker, to act as her agent to sell her house. The house burns down before being sold. The agency agreement is likely
a. still in force if Frida gives Gert additional consideration. b. still in force if Gert does not tell prospective customers. c. terminated by mutual consent of the parties. d. terminated by operation of law.
In the context of the evolution of marketing, explain the marketing era.
What will be an ideal response?
A unilateral contract may consist of a promise exchanged for an act or forbearance
Indicate whether the statement is true or false