chapter8商法Word格式.docx
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b.donothaveanagencyrelationship,becauseJandidnotindicatethatshewasactingforBaron.
c.donothaveanagencyrelationship,becausetheiragreementisnotinwriting.
d.haveanagencyrelationship.
____2.Greg,asalespersonatHomeElectronocsCompany,tellInrma,acostomer,“Buyyourcomputerhere,andI’llsetitupforlessthanwhatHomewouldcharge.”Irmabusthecomputer,Greysetsitup,andIrmapaysGreg,whokeepsthemoney.Gryhasbreachedthedutyof
a.loyalty.
b.notification.
c.abedience.
d.‘performance.
____3.PatasksQuinn,arealestateboler,tosleeherland.QuinnlearsthaRetailMallCorporation(RMC)iswillingtopayahighpricefortheland.WithouttellingRataboutRMC,Quinnsaysthathewillbuytheladhimself.Instead,however,PatsellsthelandtoSam.QuinnsuesPat.Quinnwill
a.lose,becausePatwasnotQuinn’sprincipal.
b.lose,becauseQuinnbreachedhisdutytoPat.
c.win,becausePatbreachedherdutytoQuinn.
d.win,becauseQuinnwasneverPat’sagent.
____4.AnngivesBilltheimpressionthatCarlaisAnn’sagent,wheninfactsheisnot,BilldealawithCarlaasAnn’sagent,wheninfactsheisnot.BilldealswithCarlaasAnn’sagent.Regardinganyagencyrelationship,Ann
a.candenyit.
b.candenyittotheextentofanyinjurysufferedbyBill.
c.candenyittotheextentofanyliabilitythatmightbeimposedonAnn.
d.cannotdenyit.
____5.KayactswithinthescopeofherauthoritytentoacontractwithFistNationalBankonbehalfofKay’sundisclosedprincipal,DigitalEngineering,Inc.Digitalis
a.liableonthecontractonlyifDigitalthecontact.
b.liableonthecontractonlyifDigital’sidentityislaterdisclosed.
c.liableonthecontractunderthestatdcricumstances.
____6.QualityProductsCompanyrequiresitsustomerstopaybycheck.Ray,aQualityagent,tellscustomersthattheycanpayhimwithcash.QualitylearnsofRay’scollections,buttakesnoactiontostopthemRayatealssomeofsomeofthecash.Qualitymaybeliablethelossunderthedoctrineof
a.apparentauthority.
b.expressauthority.
c.imaginedauthority.
d.impliedauthority.
____7.SmithPetroleum,Inc,contractstotelloiltoJonedPetrochmicals,tellJonesthattiisactingonehalfof“arichSaudiArabianwhodoesn’twanthisidentityknown.”Smithsignsthecontracts,”Smith,asagentonly.”Infact,Smithisactingonitsiwn.Ifthecontractisbreache,Smithmay
a.notbeliable,becauseSmithsignedrhecontractasanagent.
b.notbeliable,unlessJonesknewSmithdidnothaveauthority.
c.beliable,unlessJonesknewSmithdidnothaveauthoritytoact.
d.beliable,becauseSmithsignedthecontractasanagent.
____8.NationalManufacting,Inc,employsMarkasanassemblyworker.Whileattempting,withoutNational’sknowledge,tostealaforkliftfromNational’sproperty,Markhshasanaccident,negligentlyinjuringPam.Pamcanrecoverfrom
a.Maryonly.
b.NationalandMark.
c.Natinalonly.
d.neifherNatinalnorMark.
____9.StandardDeliveryCompanyenploysTinaasadriver.Whiledrivewithinthescopeofemployment,TinacausesanaccidentinwhichViccanrecoverfrom
a.neitherStandardnorTina
b.Standardonly.
c.SrandardorTina.
d.Tinaonly.
____10.AmericanGrocers,Inc,employsJilltobuyandinstallacomputersystemforAmerican’sdistributionnetwork,whenthesystemissetupandrunning,theagency
a.terminatesautomatically.
b.terminatesafterfourteendays.
c.continuesforoneyear.
d.continuesindefinitely.
1.Oneofthemostcommon,important,andpervasivelegalrelationshipsisthatof:
a.discrimination.
b.prostitution.
c.agency.
d.review.
2.Agencyisdefinedas:
a.therelationshipofachildtoitsparentsintermsofdutyandobedience.
b.thefiduciaryrelationshipreflectingoneparty'
sagreementtoactonbehalfofanotherpartyandbesubjecttohercontrol,withthesecondparty'
sconsent.
c.arelationshipinwhichoneworksfor,andreceivespaymentfrom,anemployer,butwhoseworkingconditionsandmethodsarenotcontrolledbytheemployer.
d.arelationshipinvolvingaskilledpersonwhocontrolsthemannerandmethodofhiswork.
3.Theparty
representedbytheagentisknownas:
a.theassignor.
b.thedrawer.
c.theprincipal.
d.thecontractee.
4.Afiduciaryrelationshipisonethat:
a.involvesahighdegreetrustandconfidence.
b.arisesonlybetweenfamilymembers.
c.typicallyexistsbetweenemployeesingovernmentagencies.
d.thatallowsthepartiestolegallyavoidtheirobligationstooneanother.
5.Thegeneralrulewithregardtoemployeeswhodealwiththirdpartiesisthat,withrespecttotheiremployers:
a.theyaredeemedtobeindependentcontractors.
b.theyarenotdeemedtobeagents.
c.theyaredeemedtobeundisclosedprincipals.
d.theyaredeemedtobeagents.
6.Whendeterminingwhetheraworkerisanemployeeoranindependentcontractor,thekeyelementtoconsideris:
a.thelengthoftimenecessarytofinishajob.
b.thehoursworkedbytheworker.
c.thedegreetowhichtheworkeriscomputerliterate.
d.theextenttowhichtheemployercontrolstheactionsoftheworker.
7.IfJoe,whoownsaConstructionandRenovationCompany,agreestorenovateMrs.Simha’sbathroom,howwouldtheInternalRevenueServicebelikelytoclassifyJoe?
a.Asanindependentcontractor.
b.Asadisclosedprincipal.
c.Asanemployee.
d.Asapartiallydisclosedprincipal.
8.SupposethatKateworksathomemakinguniquechildren'
sclothes.LarrybuysKate'
sclothestosellinhisstorecalled"
TheWonderYears."
WhatisKate'
slegalrelationshiptoLarry?
a.Sheisprobablyanemployee.
b.Sheisprobablyaprincipal.
c.Sheisprobablyanindependentcontractor.
d.Sheisprobablyanagentbyoperationoflaw.
9.WhichofthefollowingISNOTawayforanagencyrelationtoarise?
a.Byrescission.
b.Byoperationoflaw.
c.Byagreement.
d.Byestoppel.
10.Ratificationmeans:
a.theappearanceofagencyexistswhen,infact,nonedoesexist.
b.thefiduciaryobligationsowedbyanagenttoaprincipal.
c.theactofapprovingoraffirmingacontractmadebysomeonewhowasnotanagentorbyanagentwhowasnotauthorizedtoformthecontract.
d.theactofrejectinganobligationofanagentwhoactedoutsidethescopeofherauthority.
11.IfJamesgoesoutshoppingand,usinghiswifeMaria'
screditcard,hebuys$221.00worthofgroceries,isMarialiableforthepurchase?
a.Yes,basedonthedoctrineofrespondeatsuperior.
?
b.Yes,basedonthecreationofanagencybyoperationoflaw.
c.Yes,basedonthedutyofperformance.
d.No,basedontheJames'
slackofapowerofattorney.
12.WhichofthefollowingISNOTadutyofanagent?
a.Loyalty.
b.Payment.
c.Performance.
d.Notification.
13.SupposethatMisha,whoisDarlene'
sagent,takesmoneythatDarlenegiveshimtopurchaseanewcommercialovenanddepositsthemoneyintohispersonalcheckingaccount.MishathenaccidentallyspendssomeofDarlene'
smoney.Inthiscase:
a.Mishaviolatedhisdutyofloyalty.
b.Mishaviolatedhisdutyofpayment.
c.Mishaviolatedhisdutyofaccounting.
d.Mishaviolatedhisdutyofcooperation.
14.Oneofthemaindutiesaprincipalowestoanagentis:
a.thedutyofcooperation.
b.thedutyofaccounting.
c.thedutyofratification.
d.thedutyofloyalty.
15.Whichofthefollowingremediesmayanagentseekwhentheprincipalbreachesadutyowedtotheagent?
a.Withholdingperformance.
b.Avoidanceoftheprincipal.
c.Creationofadeconstructivetrust.
d.Indemnificationoftheprincipal.
20.Indemnificationmeansthat:
a.theprincipalisrequiredtocontinuetheagencycontract.
b.theagenthastakenadvantageoftheagencyrelationshiptopurchasepropertyorgoods.
c.acontractmadebyanagentiscanceled.
d.ifathirdpartysuestheprincipalfordamagescausedbytheagent’snegligenceorunauthorizedactions,theprincipalmaysuetheagenttorecoveranequalamountofdamages.
e.