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alekssr [168]
3 years ago
6

Regional Investment Corporation (RIC) hires Sam, a real estate agent, to locate investment properties for RIC. Sam learns of a w

arehouse available for $100,000, buys it himself, and offers it to RIC for $200,000. Most likely, Sam
a.breached the agent's fiduciary duties to the principal.
b.did nothing wrong.
c. failed to take advantage of a business opportunity.
d. set an unreasonable price based on current market value.
Business
1 answer:
prisoha [69]3 years ago
7 0

Answer:

A) breached the agent's fiduciary duties to the principal.

Explanation:

To be more specific, Sam broke the agent's the duty of loyalty towards the principal. An agent must act in the best interest of the principal, not on his own best interest. The agent is getting paid for performing a task on behalf of the principal, and by taking advantage of his position, the agent has clearly breached his contract with the principal. Therefore, the principal can sue the agent and recover for damages (tort suit).

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Answer:

Leadership skills

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Explanation:

8 0
3 years ago
Suppose that a very small economy produces only televisions and computers. Using the information below, what is the nation’s nom
Licemer1 [7]
The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation. 

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Televisions: 20 x 550 =   11,000 +
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6 0
4 years ago
The ACT is a standardized test administered to high school students and used to determine college admissions. The test is offere
algol [13]

Answer:

B)

Explanation:

Makes the most sense considering the scenario.

7 0
3 years ago
The CEO of a heavy equipment manufacturing company suspects that a member of the company’s senior staff has been selling confide
Readme [11.4K]

Answer: c. The senior staff member cannot be fired for refusing to take the polygraph test.

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3 0
3 years ago
If you do not contact your loan servicer to select another option, your Federal student loans will default to standard repayment
Maurinko [17]

Answer:

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Explanation:

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3 0
3 years ago
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