Question
business law
principal will not have a duty to reimburse an agent if a. The principal is disclosed b. The principal is undisclosed c. The expenses were the result of the agent's negligence d. The expenses are for food or t ravel 2. When parties to a dispute work out a solution for themselves without recourse to outside help or the courts, they have resolved the dispute through a. Arbitration b. Mediation c. Negotiation d. Novation 43. A neutral 3rd party who is hired to help parties work through their problems and arrive at a mutually acceptable solution is a(n) a. Arbitrator b. Mediator c. Negotiator d. Solicitor 44. The decision of an arbitrator or arbitration panel is a(n). a. Award b. Decree c. Injunction d. Judgment 45. Assume that Connecticut took 600 acres of private property to build an s over a major state road. This is an exercise of the state's power of overpas a. Preemption b. Attainder c. Quo warranto seizure d. Eminent domain ompany of the United States and the Best foods company ovision in their contract stating that any disputes arising n have a pill be decided in chancellery court in Delaware. This is an example of what type of clause? a. Arbitration b. Choice of forum c. Force majeure d. Government action
Explanation / Answer
41. c. The expenses were the result of the agent’s negligence.
42. c. Negotiation
43. b. Mediator
44. a. Award
45. d. Eminent domain
