Question 1

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Question 1 1 / 1 point An agency relationship can be created: by the conduct of the parties. by an oral agreement in all circumstances. only by a written agreement. only by the meeting of all the standards of contract law.
Question 2 1 / 1 point Which of the following persons is an agent?
Question 3 1 / 1 point Can a person work as an agent for two different people with conflicting interests?
Question 4 1 / 1 point Which of the following is not required of an agency relationship?
Question 5 1 / 1 point Nathan agrees to act as an agent for Cheyenne. Which of the following is true? Nathan may compete with Cheyenne in matters within the scope of the agency business. The agency can only be terminated by the mutual agreement of Nathan and Cheyenne. Cheyenne may compete with Nathan in matters within the scope of the agency business. If Nathan develops a mental disability, the agency will terminate, but if Cheyenne develops the mental disability, the agency is unaffected.
Question 6 1 / 1 point Wanting to save the money she would have to pay for a commission, Marsha asks her friend Howard to check on the Internet and see if he can find a five­day cruise to the Bahamas for under $400 and if he does, to book it for her. He agrees, but later tells her he doesn't have time to check for her. Howard:

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