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Unit 5 Review

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Page 1: 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

Unit 5

Review

Page 2: 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

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.

Page 3: 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

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.

Page 4: 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

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.

Page 5: 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

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.

Page 6: 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

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.

Page 7: 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

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.

Page 8: 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

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.

Page 9: 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

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.

Page 10: 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

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.

Page 11: 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

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.

Page 12: 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

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.

Page 13: 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

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.

Page 14: 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

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.

Page 15: 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

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.

Page 16: 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

A fiduciary relationship is a relationship based on

A) trust.

B) obedience.

C) liability.

D) compensation.

Page 17: 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

A fiduciary relationship is a relationship based on

A) trust.

B) obedience.

C) liability.

D) compensation.

Page 18: 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

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.

Page 19: 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

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.

Page 20: 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

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.

Page 21: 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

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.

Page 22: 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

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.

Page 23: 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

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.

Page 24: 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

An agent who represents a principal for free is called a(n)

A) estoppel agent.

B) ratified agent.

C) master agent.

D) gratuitous agent.

Page 25: 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

An agent who represents a principal for free is called a(n)

A) estoppel agent.

B) ratified agent.

C) master agent.

D) gratuitous agent.

Page 26: 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

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.

Page 27: 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

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.

Page 28: 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

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.

Page 29: 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

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.

Page 30: 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

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.

Page 31: 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

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.

Page 32: 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

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.

Page 33: 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

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.

Page 34: 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

The duties owed by the agent to the principal include

A) indemnification.

B) reimbursement.

C) compensation.

D) obedience.

Page 35: 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

The duties owed by the agent to the principal include

A) indemnification.

B) reimbursement.

C) compensation.

D) obedience.

Page 36: 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

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.

Page 37: 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

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.

Page 38: 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

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.

Page 39: 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

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.

Page 40: 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

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.

Page 41: 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

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.

Page 42: 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

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.

Page 43: 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

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.

Page 44: 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

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.

Page 45: 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

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.

Page 46: 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

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.

Page 47: 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

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.

Page 48: 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

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.

Page 49: 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

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.

Page 50: 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

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.

Page 51: 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

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.

Page 52: 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

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.

Page 53: 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

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.

Page 54: 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

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.

Page 55: 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

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.

Page 56: 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

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.

Page 57: 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

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.

Page 58: 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

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.

Page 59: 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

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.

Page 60: 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

A sales representative is an example of a(n)

A) agent by estoppel.

B) special agent.

C) general agent.

D) ratified agent.

Page 61: 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

A sales representative is an example of a(n)

A) agent by estoppel.

B) special agent.

C) general agent.

D) ratified agent.