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3. a principal impled ratifies an agency transaction by: a)knowingly accepting i

ID: 2770935 • Letter: 3

Question

3. a principal impled ratifies an agency transaction by: a)knowingly accepting its bebefits b)unknowingly accepting its benefits c)beconing the agent himself or herself d)becoming the principal-in-fact 5. if an agent fails to tell the principal about an importantpart of a tranaction, the fiducialy duty that would be violatedwould be duty of; a)loyalty b)reasonalble care and skill c)confidentiality d)accounting 3. a principal impled ratifies an agency transaction by: a)knowingly accepting its bebefits b)unknowingly accepting its benefits c)beconing the agent himself or herself d)becoming the principal-in-fact 5. if an agent fails to tell the principal about an importantpart of a tranaction, the fiducialy duty that would be violatedwould be duty of; a)loyalty b)reasonalble care and skill c)confidentiality d)accounting

Explanation / Answer

3) a principal implied ratifies andagency transaction by knowingly accepting itsbenifits :
answer is a)knowingly accepting itsbenefits :
5)You must take reasonable careto avoid acts or omissions which you can ....tortious duty to exercise care andskill in performing services :
answer is b)reasonable care andskill :
5)You must take reasonable careto avoid acts or omissions which you can ....tortious duty to exercise care andskill in performing services :
answer is b)reasonable care andskill
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