The concept of conflict of interest as it relates to the law of agency includes which of the following?
a. An agent may take a position that conflicts with the principal only if the principal, with full knowledge of all the facts, consents.
b. An agent may not represent her principal in a transaction in which the agent has a personal interest.
c. An agent may not act on behalf of adverse parties to a transaction without both principals' approval of the dual agency.
d. All of these.
d
You might also like to view...
Which test of controls will provide evidence that the system as originally implemented was free from material errors and free from fraud? Review of the documentation indicates that
a. a cost-benefit analysis was conducted b. the detailed design was an appropriate solution to the user's problem c. tests were conducted at the individual module and total system levels prior to implementation d. problems detected during the conversion period were corrected in the maintenance phase
What are the pros and cons of the newer 1990s model?
What will be an ideal response?
Researchers have described a "fully developed new firm" with a number of characteristics, including
a. full-time commitment. b. informal financial support. c. minimal hiring. d. plans to hire one or more individuals.
Which feedback is needed to let the user know that the computer is unable to complete a request?
A) explaining a delay in processing B) acknowledging that a request is completed C) notifying that a request was not completed D) offering the user more detailed feedback