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Nasca 2010 100 200 300 400 500 The agency relationship involves three parties: the genuine agent, the special agent, and the contractor. the independent.

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Presentation on theme: "Nasca 2010 100 200 300 400 500 The agency relationship involves three parties: the genuine agent, the special agent, and the contractor. the independent."— Presentation transcript:

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2 Nasca 2010 100 200 300 400 500

3 The agency relationship involves three parties: the genuine agent, the special agent, and the contractor. the independent contractor, the master, and the servant. the principal, the agent, and the third party. the principal, the master, and the servant. the principal, the agent, and the third party. 100

4 The person the agent deals with on behalf of the principal is called the coagent. proprietor. servant. third party. third party. 200

5 Which of the following is not a type of agent? agent's agent general agent new agent special agent new agent 300

6 A subagent is an agent who can hire and fire employees. who serves as a discretionary agent. who has authority to perform any act within the scope of the business. lawfully appointed by another agent. lawfully appointed by another agent. 400

7 An agent who represents a principal for free is called a(n) estoppel agent. ratified agent. master agent. gratuitous agent. gratuitous agent. 500

8 An agent's obligation to deal honestly with another party is known as good faith. habeas corpus implied authority. mutual agreement. good faith. 100

9 If agents enter into contracts on behalf of their principals without authority to do so, the agent is liable for the contract. the principal is still liable for the contract. both the principal and the agent are liable for the contract. no one is liable for the contract. the agent is liable for the contract. 200

10 An agency relationship can be terminated by the doctrine of respondeat superior. by actual notice or notice by publication. only through a court of law. by operation of law or by the acts of the parties. by operation of law or by the acts of the parties. 300

11 An agent may withdraw from the agency at the end of the year. at the end of the contract. with proper notice at any time. at any time. 400

12 A principal is generally bound to the terms of a contract made by an agent unless the agent has no authority to enter into the contract. negligent retention has occurred. the principle of respondeat superior is in place. the agent is considered a master. the agent has no authority to enter into the contract. 500

13 A government program providing continuing income to workers and their dependents when they retire or are disabled is called the Employment Retirement Income Security Act. Family and Medical Leave Act. Social Security Act. Unemployment Compensation Act. Social Security Act. 100

14 Employment-at-will means that an employee may choose to join a union at any time during his or her employment. employer may discharge an employee at any time, for any or no reason, with or without notice. employer can refuse a collective bargaining agreement at any time during the contract period. employee may collect severance pay if a layoff is forced due to a downturn in the economy. employer may discharge an employee at any time, for any or no reason, with or without notice. 200

15 OSHA sets procedures to be used in the event an employee becomes unemployed. safety and health standards for many companies in the United States. the equal pay rule for most companies in the United States. rules related to an employee's benefit package. safety and health standards for many companies in the United States. 300

16 Under Title VII of the Civil Rights Act of 1964, interviewers MAY ask applicants questions about marital status. religion. race. work experience. work experience. 400

17 The law requiring employers to negotiate wages, hours, and conditions of employment with unions is called the Landrum-Griffin Act. Norris-LaGuardia Act. Taft-Hartley Act. Wagner Act. Wagner Act. 500

18 Cyberspoofing is a crime in which a person commits cyberextortion or blackmail. creates a virus to disrupt someone else’s computer network. falsely adopts the identity of someone else in order to commit fraud. uses a computer to steal data stored in digital format. falsely adopts the identity of someone else in order to commit fraud. 100

19 Communication via computer of false data that damages a person's reputation is cyberblackmail cyberdefamation cyberspoofing cyberprivacy cyberdefamation 200

20 Firewalls and anti-virus software are specifically designed to protect your computer from acts of cybergerm warfare. cybertorts. cyberterrorism. identity theft. cybergerm warfare. 300

21 A legal protection for literary, artistic, and scientific works is called a copyright. domain. trademark. patent. copyright 400

22 The No Electronic Theft Act provides prison terms and fines for anyone who commits fraud using a digital signature. is convicted of disrupting the national electronic infrastructure. creates an electronic duplicate of a copyrighted work for commercial gain. participates in cyberblackmail. creates an electronic duplicate of a copyrighted work for commercial gain. 500


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