Business Law Quiz Answers

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12 Questions

An employee who works for ABC Corporation as a data entry technician is considered an agent of the employer.

True

If Jessica loses her job from ABC Corporation and attempts to collect unemployment, her piano lessons teaching would not affect her status as an employee of ABC Corporation.

False

An at-will employee always has the authority to make decisions that bind the employer.

False

An employee entering into a contract without supervisor's permission cannot bind the employer-company.

False

A principal is always bound to contracts made by an agent with express authority.

False

An agent must notify the principal of important information concerning the agency.

True

An agent is only liable for their own tortious conduct while acting within the scope of their authority.

False

The principal is the party who authorizes another person to act on their behalf.

True

In the given scenario, Martin is the principal in the land sale transaction.

False

The relationship between Martin and Wilhelm is an example of a principal-agent relationship.

True

An express agency is formed when an employer hires an employee without any explicit contract or agreement.

False

In the given scenario, Marlon and Nita entered into an express agency agreement.

True

Study questions about the relationship between employers and employees in business law. Includes scenarios about employee agency and control, as well as employment terms and additional work outside of the main job.

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