Business Law Practice Exam #3 flashcards | Quizlet -...

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1/3/15 12:50 AM Business Law Practice Exam #3 flashcards | Quizlet Ready to study? Start with Flashcards Heather applied for a promotion, but her Business Law Practice Exam #3 59 terms by taryngabbert
Page 1 of 17 house. Adam was interested in buying the house. If both Jolene and Adam agree, Lacy, a real estate agent, may represent both parties.
manager promoted a co-worker because the manager knew Heather was seven months pregnant. The manager did not want to promote someone who would probably be taking time off of work for childbirth and child care. The manager has acted legally to protect the company's interests. It is currently legal for a private employer to
use lie detector tests as part of its usual hiring process. Some courts have held that employee
handbooks create binding contract terms. Whistleblowers are employees who disclose
illegal behavior on the part of their employers. If an employee is an employee at will, the
traditional rule was the employer could fire the employee for a good reason, a bad reason, or no reason at all. Rob agrees to act as an agent for Diane in
selling her car. Diane has a duty of loyalty to Rob. Jolene hired Lacy to find a buyer for her
1/3/15 12:50 AM Business Law Practice Exam #3 flashcards | Quizlet Page 2 of 17 Victoria is the director of marketing for Big Corporation. Victoria needed to negotiate an out-of-town contract on behalf of Big. Big has a legal duty to reimburse Victoria for the hotel expenses she incurs negotiating the contract. Kaiya owes a fiduciary duty to TriColor. It does not create an agency relationship between Minott Mills and Douthett Co. for Minott Mills to contract to sell 500 yards of fabric to Douthett Co. Esday, Inc. hired Mark to be a financial analyst. Because of the equal dignities rule, the employment contract between Esday and Mark must be in writing. If ambiguity is present as to the principal's intent, the court will look to the principal's subjective intent. If someone acts without authority, a "principal" can decide later to be bound by the actions as long as the "agent" indicates to the third party that he is acting for a principal, the "principal" knows all the material facts of the transaction, and the "principal" accepts the benefit of at least part of the transaction.

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