Which of the following is NOT an example of an agency issue? A) A homeowner hiring...
Which of the following is NOT an example of an agency issue?
A) A homeowner hiring a real estate agent to find a renter for their home.
B) Sole Proprietor making-a-decision to take a month-long international business trip.
C) Corporate executive deciding to use a private plane instead of public carrier.
D) A race-horse owner hiring a trainer.
E) All the above are examples of an agency issue.
Homework Answers
Correct Answer : B) Sole Proprietor making-a-decision to take a month-long international business trip.
Reason : Sole proprietor making a decision is acting on his behalf only , there is no agency issue in case of proprietorship.
Homeowner hiring real estate agent to find a renter is an agency issue.
Corporate Executive is a agent of the company, Race trainer is a agent of the horse owner.
In case of any issue, please do comment below
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