Agency and Employment Law

Fair pay for a job

• compensation

• fiduciary

• indemnification

• reimbursement

The principal must pay the agent for any money the agent spent on behalf of the principal

• compensation

• fiduciary

• indemnification

• reimbursement

Which of the following is the legal term for the bargain occurring when one party gives something up and another party receives something in return?

• Offer

• Counteroffer

• Consideration

• Negotiation

What is the EEOC?

• Federal agency overseeing most employment discrimination law

• Federal agency regulating and investigating workplace incidents

• A group formed by employees to negotiate with the employer

• A group formed by employers to negotiate with employees

'He is a person for whom such act is done, or who is so represented in dealing with a third party.'

‘He’ refers to _____

• Principal

• Agent

• Boss

• 3rd party

Who can be a principal as accordance to Section 136 of Contracts Act 1950?

• minor and soundmind

• adult and soundmind

• minor and unsoundmind

• adult and unsoundming

The person who has been authorized to represent someone else

• agent

• principal

• third party

The person the agent does business with on behalf of the principal

• agent

• principal

• third party

The person who has authorized an agent to represent him or her

• agent

• principal

• third party

Has broad authority to carry out any acts within the scope of his or her job

• agent's agent

• general agent

• special agent

• subagent