Which of the following statements is true of an agent taking an opportunity?
A) An agent can legally take an opportunity that is entitled to the principal.
B) A third-party offer to an agent need not be conveyed to the principal.
C) An agent cannot appropriate an offer for him- or herself once the principal rejects it.
D) A principal is permitted to recover an opportunity usurped by an agent.
Correct Answer:
Verified
Q1: Agents can compete with the principal during
Q2: Undisclosed self-dealing by an agent is not
Q4: Middlemen and finders are not considered dual
Q5: Dual agency is permitted if all parties
Q6: If an agent competes with the principal
Q7: An agent does not violate his or
Q8: A third-party offer to an agent must
Q9: Which of the following is true of
Q10: Which of the following is an instance
Q11: If an agent reveals confidential information of
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