Lasers Inc. hires Mal to buy rare earth minerals on its behalf. In this relationship, Lasers is
A) an employee.
B) an independent contractor.
C) a principal.
D) an agent.
Correct Answer:
Verified
Q28: An agent can represent two principals in
Q29: If a principal's instructions are not clearly
Q30: A gratuitous agent can be liable to
Q31: No breach of a fiduciary duty by
Q32: A principal who creates an exclusive agency
Q34: The agent must maintain separate accounts for
Q35: Orin works at Pumps Inc. He works
Q36: An agent must keep confidential any information
Q37: Ray is a delivery driver for Sicilian
Q38: A principal has a duty to pay
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