A gratuitous agent is one who:
A) freely substitutes his/her judgment for that of the principal.
B) acts without pay.
C) requires a generous tip.
D) is employed to find a buyer for one party and a seller for another.
Correct Answer:
Verified
Q19: The agent does not have to inform
Q20: Distributors are usually compensated through the payment
Q21: When agents make advances from their own
Q22: When one party exercises the power to
Q23: When an agent buys for the principal
Q25: When a principal breaches a duty owed
Q26: When an agent's breach of duty causes
Q27: A person may act as a dual
Q28: Whenever the agent's duties to the principal
Q29: Jeff,as agent,is paid $5,000 owed by a
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