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khayes1 khayes1
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2 years ago
Which of the following statements is true with regard to an agent's duties?

▸ An agent cannot act for two principals even with the knowledge and consent of those principals.

▸ An agent need not disclose all relevant information to the principal.

▸ An agent is not entitled to the agreed-upon commission and reasonable expenses undertaken on behalf of his or her principal in carrying out his or her duties.

▸ A real estate agent may buy property from a third party if it is at a good price and then sell the property to his or her principal at a higher price.

▸ An agent must always scrupulously account for money coming into his or her hands on behalf of his principal.
Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
Author:
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rockshimrockshim
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2 years ago
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khayes1 Author
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2 years ago
Thanks
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Thanks for your help!!
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2 hours ago
this is exactly what I needed
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