When an agreed-on result is obtained by the agent and the principal does not benefit, the agent:

A. is entitled to be paid.
B. must return any pay to the principal.
C. will not be paid.
D. may only recover the expenses incurred, not the actual compensation.


Answer: A

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a. True b. False Indicate whether the statement is true or false

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What will be an ideal response?

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Interactional justice is about the process of determining outcomes.

Answer the following statement true (T) or false (F)

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Under ________, the market consists of many buyers and sellers trading over a range of prices rather than a single market price

A) pure competition B) monopolistic competition C) oligopolistic competition D) a pure monopoly E) a pure monopsony

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