Utmost good faith is another term for a business's reputation and ongoing relations with customers.
Correct Answer:
Verified
Q114: The ratification of a contract by the
Q115: The biggest issue for a sole proprietor
Q116: As a general rule, sole proprietors are
Q117: Any restrictions in the employment contract between
Q118: An agent owes a fiduciary duty to
Q120: In the modern economy, agency-by-necessity situations are
Q121: The requirement of unanimous consent protects partners.
Q122: A sole proprietor is free from regulatory
Q123: Chan sold a business to Scott and
Q124: Usually, the name of the business must
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents