Bus Law 391Exam questions and answers Graded A+| 2026 Updated

Bus Law 391Exam questions and answers Graded A+| 2026 Updated In an agency relationship, one party agrees to act as an agent for another party. True An agent is generally prohibited from using his or her own judgement as a substitute for principals judgement unless specifically authorized by the principal True The principal maty be an individual or entity (such as a corporation), but the agent must be an individual False The centerpiece of a fiduciary obligation is the agents duty to act with due care when performing the responsibilities of the agency. True Vince is a general contractor who hires Brad to install plumbing in a government building under construction. That morning Brad is beginning work, Vince discovers that Brad has lost his plumbing license a