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Generally,the law assumes that the principal is aware of any information acquired by the agent that is relevant to the agency.

A) True
B) False

Correct Answer

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Rondi holds herself out as possessing special accounting skills.As an agent,she must exercise the degree of skill or care expected of


A) a person having those skills.
B) an average,unskilled person.
C) a reasonable person.
D) the principal.

E) B) and C)
F) A) and B)

Correct Answer

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