Which of the following best describes an agency coupled with an interest?
A) It is an agency in which an agent has a financial stake in performance.
B) It is an agency in which an agent and the principal are one and the same.
C) It is an agency in which an agent is authorized to invest in foreign exchange.
D) It is an agency in which an agent contracts under his own name.
Correct Answer:
Verified
Q1: The principal may terminate the agency by
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Q3: Which of the following is a duty
Q4: An agent does not incur personal liability
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Q6: An agent does not incur liability for
Q7: An agent is not allowed to terminate
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Q13: Destruction of the subject matter to be
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