BUL 5810 Part III – Agency Questions & 100% Correct Answers
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Course
BUL 5810
Institution
BUL 5810
A power of attorney is a formal manifestation that states an agent's
authority. The agent is known as the:
~~> attorney at fact
A(n) __________ is a written instrument that expresses the principal's intention
that the agent's authority will not be affected by the principal's subsequent
...
All of the following are contractual duties owed by a principal to an agent,
except:
-compensation
-reimbursement
-indemnification
-self-dealing
✓ ~~> Self-dealing
An agent's authority can terminate by:
✓ ~~> Both acts of the parties and by operation of law.
Assume that Dr. Early is a sales representative for Pharzime, as well as for other
pharmaceutical companies. What would be the main factor in determining
whether he was an employee or an independent contractor for Pharzime?
✓ ~~> The degree to which Pharzime controls the details of Dr. Early's
work.
Assume that Dr. Early is an independent contractor for Pharzime and was
calling on a doctor at the hospital. The hospital wanted to order some
Master01 | September, 2024/2025 | Latest update
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