Unit 5 Review

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

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

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

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

The purpose of the Wagner Act was to A) control the work that children are permitted to do. B) encourage collective bargaining and discourage certain unfair labor practices. C) stop corruption in the unions. D) equalize the power of labor and management.

The purpose of the Wagner Act was to A) control the work that children are permitted to do. B) encourage collective bargaining and discourage certain unfair labor practices. C) stop corruption in the unions. D) equalize the power of labor and management.

When agents enter into contracts that directly benefit themselves rather than their principal, they A) are non-cooperative. B) are self-dealing. C) are double represented. D) will be found in contempt of court.

When agents enter into contracts that directly benefit themselves rather than their principal, they A) are non-cooperative. B) are self-dealing. C) are double represented. D) will be found in contempt of court.

The purpose of the Landrum-Griffin Act was to A) control the work that children are permitted to do. B) encourage collective bargaining and discourage certain unfair labor practices. C) stop corruption in the unions. D) equalize the power of labor and management.

The purpose of the Landrum-Griffin Act was to A) control the work that children are permitted to do. B) encourage collective bargaining and discourage certain unfair labor practices. C) stop corruption in the unions. D) equalize the power of labor and management.

If an agent oversteps his or her authority when negotiating a contract, the principal A) is legally bound to the contract created. B) may choose to ignore the action or ratify it. C) has 24 hours to fire the agent without recourse. D) may sue the agent for injuries.

If an agent oversteps his or her authority when negotiating a contract, the principal A) is legally bound to the contract created. B) may choose to ignore the action or ratify it. C) has 24 hours to fire the agent without recourse. D) may sue the agent for injuries.

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

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

A fiduciary relationship is a relationship based on A) trust. B) obedience. C) liability. D) compensation.

A fiduciary relationship is a relationship based on A) trust. B) obedience. C) liability. D) compensation.

The Drug-Free Workplace Act applies to companies that have A) a required drug test as part of the hiring process. B) had problems with employees using drugs in the past. C) more than 100 employees. D) contracts with the federal government.

The Drug-Free Workplace Act applies to companies that have A) a required drug test as part of the hiring process. B) had problems with employees using drugs in the past. C) more than 100 employees. D) contracts with the federal government.

An agency relationship lets us A) provide service to others without fear of liability. B) act through other people to accomplish things that might be impossible to do on our own. C) enter into a contract to provide services to a local community agency. D) use an agency outside the state we reside in to provide consumer protection.

An agency relationship lets us A) provide service to others without fear of liability. B) act through other people to accomplish things that might be impossible to do on our own. C) enter into a contract to provide services to a local community agency. D) use an agency outside the state we reside in to provide consumer protection.

The Age Discrimination in Employment Act forbids discrimination against any person A) aged 40 or older. B) over the legal retirement age in the United States. C) between the ages of 18 and 39. D) under the age of 16.

The Age Discrimination in Employment Act forbids discrimination against any person A) aged 40 or older. B) over the legal retirement age in the United States. C) between the ages of 18 and 39. D) under the age of 16.

An agent who represents a principal for free is called a(n) A) estoppel agent. B) ratified agent. C) master agent. D) gratuitous agent.

An agent who represents a principal for free is called a(n) A) estoppel agent. B) ratified agent. C) master agent. D) gratuitous agent.

Respondeat superior holds that the master is A) responsible for the torts of his or her servants. B) not responsible for the torts of his or her servants. C) authorized to delegate duties to another party. D) not authorized to delegate duties to another party.

Respondeat superior holds that the master is A) responsible for the torts of his or her servants. B) not responsible for the torts of his or her servants. C) authorized to delegate duties to another party. D) not authorized to delegate duties to another party.

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

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

The law allows some actual authority to be implied because A) mentioning every single act that the agent is allowed to perform would make the agreement cumbersome. B) agency by estoppel is in place to protect the principal. C) in an agency situation, real power is transferred from the principal to the agent. D) agency relationships can differ from situation to situation.

The law allows some actual authority to be implied because A) mentioning every single act that the agent is allowed to perform would make the agreement cumbersome. B) agency by estoppel is in place to protect the principal. C) in an agency situation, real power is transferred from the principal to the agent. D) agency relationships can differ from situation to situation.

A system of government payments for people who are out of work and looking for a job is called A) unemployment compensation. B) worker's compensation. C) social security. D) family pension plan.

A system of government payments for people who are out of work and looking for a job is called A) unemployment compensation. B) worker's compensation. C) social security. D) family pension plan.

The duties owed by the agent to the principal include A) indemnification. B) reimbursement. C) compensation. D) obedience.

The duties owed by the agent to the principal include A) indemnification. B) reimbursement. C) compensation. D) obedience.

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

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

An insurance program that provides income for workers who are injured on the job is called A) unemployment compensation. B) worker's compensation. C) social security. D) family pension plan.

An insurance program that provides income for workers who are injured on the job is called A) unemployment compensation. B) worker's compensation. C) social security. D) family pension plan.

An independent contractor A) is controlled by the master or proprietor. B) must follow the Equal Dignity Rule. C) works for a proprietor to perform a particular task using his or her own tools. D) may not be a minor.

An independent contractor A) is controlled by the master or proprietor. B) must follow the Equal Dignity Rule. C) works for a proprietor to perform a particular task using his or her own tools. D) may not be a minor.

The Federal Privacy Act protects the privacy of A) workers in the private sector. B) small business owners. C) workers in the government sector. D) workers in both the private and public sector.

The Federal Privacy Act protects the privacy of A) workers in the private sector. B) small business owners. C) workers in the government sector. D) workers in both the private and public sector.

If a proprietor authorizes an independent contractor to enter into a contract, A) the contract is null and void. B) the same liability rules apply as in an agency relationship. C) the contractor is liable because he or she is not an agent. D) the doctrine of respondeat superior takes effect.

If a proprietor authorizes an independent contractor to enter into a contract, A) the contract is null and void. B) the same liability rules apply as in an agency relationship. C) the contractor is liable because he or she is not an agent. D) the doctrine of respondeat superior takes effect.

A general power of attorney gives A) the agent authority to act for the principal in a wide range of activities. B) gives the agent authority to deal with tasks named in the agreement. C) gives the agent the power to make health care decisions with the principal becomes incapacitated. D) implied authority to the principal.

A general power of attorney gives A) the agent authority to act for the principal in a wide range of activities. B) gives the agent authority to deal with tasks named in the agreement. C) gives the agent the power to make health care decisions with the principal becomes incapacitated. D) implied authority to the principal.

An agency relationship can be terminated A) only through a court of law. B) by actual notice or notice by publication. C) by operation of law or by the acts of the parties. D) by the doctrine of respondeat superior.

An agency relationship can be terminated A) only through a court of law. B) by actual notice or notice by publication. C) by operation of law or by the acts of the parties. D) by the doctrine of respondeat superior.

Formal notice given directly to a party, using certified mail is called A) irrevocable notice. B) mutual notice. C) actual notice. D) notice by publication.

Formal notice given directly to a party, using certified mail is called A) irrevocable notice. B) mutual notice. C) actual notice. D) notice by publication.

A person who has been given authority to perform any act within the scope of a business is a(n) A) agent by estoppel. B) special agent. C) general agent. D) ratified agent.

A person who has been given authority to perform any act within the scope of a business is a(n) A) agent by estoppel. B) special agent. C) general agent. D) ratified agent.

When an employer intentionally discriminates against an individual of a protected class, it is called A) disparate impact. B) disparate treatment. C) protected discrimination. D) voluntary discrimination.

When an employer intentionally discriminates against an individual of a protected class, it is called A) disparate impact. B) disparate treatment. C) protected discrimination. D) voluntary discrimination.

Authority that a third party believes an agent has while acting on behalf of the principal is called A) general authority. B) apparent authority. C) express authority. D) implied authority.

Authority that a third party believes an agent has while acting on behalf of the principal is called A) general authority. B) apparent authority. C) express authority. D) implied authority.

An agent may withdraw from the agency A) at the end of the year. B) at the end of the contract. C) with proper notice. D) at any time.

An agent may withdraw from the agency A) at the end of the year. B) at the end of the contract. C) with proper notice. D) at any time.

A sales representative is an example of a(n) A) agent by estoppel. B) special agent. C) general agent. D) ratified agent.

A sales representative is an example of a(n) A) agent by estoppel. B) special agent. C) general agent. D) ratified agent.