The law of agency places its primary emphasis on the duties:
a. the principal owes to the agent b. the agent owes to the principal c. the agent owes to the subagent
d. the universal agent owes to the general agent e. all of the other choices have equal standing
b
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A person who shares in the estate of an intestate is called a(n)
a. heir. b. executor. c. beneficiary. d. residuary.
Frances borrows $1,000 from Garden State Bank, using her recreational vehicle (RV) motor home, which she purchased at Hugo's RV Sales & Service, as collateral. To perfect its security in-terest, the bank must file its financing statement with A) the secretary of state
B) the county clerk. C) the city treasurer. D) Hugo's RV Sales & Service.
If a person signs a negotiable instrument because he is fraudulently deceived regarding its nature or essential terms gives the holder a universal defense
Indicate whether the statement is true or false