SPORTS LAW QUESTIONS QUESTION 16 An agent is a party who ________. A. employs another

Question: SPORTS LAW QUESTIONS QUESTION 16 An agent is a party who ________. A. employs another person to act on his or her behalf B. directs a worker under an express or implied contract of employment C. agrees to act on behalf of another D. receives the services of another for remuneration QUESTION 17 Martin, who wants to sell a sports arena he owns,SPORTS LAW QUESTIONS
QUESTION 16
An agent is a party who ________.
A. employs another person to act on his or her behalf
B. directs a worker under an express or implied contract of employment
C. agrees to act on behalf of another
D. receives the services of another for remuneration

QUESTION 17
Martin, who wants to sell a sports arena he owns, authorizes Wilhelm, to find a potential buyer, and finalize a deal above a stipulated price. Wilhelm contracts Chris, a real estate broker, and instructs him to only find a potential buyer and send them over to Wilhelm for the sale. Martin then contracts ReNowait Goodhouses, a home improvement company to renovate the arena. ReNowait completes its work and Martin pays them. Chris then searches for a suitable buyer and finds one in George. George buys the house and Chris is paid for his services. Who performs the role of the agent in this land sale transaction?
A. Wilhelm
B. Martin
C. Chris
D. George

QUESTION 18
A duty that a principal owes to pay an agreed-upon amount to the agent either upon the completion of the agency or at some other mutually agreeable time is known as a principal’s ________.
A. duty to indemnify
B. duty to cooperate
C. duty to reimburse
D. duty to compensate

QUESTION 19
The ________ is principal’s duty to cover the agent for any losses the agent suffers because of the principal’s conduct.
A. duty to compensate
B. duty to cooperate
C. duty to reimburse
D. duty to indemnify

QUESTION 20
The ________ includes keeping records of all property and money received and expended during the course of an agency.
A. duty to notify
B. duty of termination
C. duty to reimburse
D. duty of accountability
100% (1 rating)1)The answer is option C- agrees to act on behalf of the other. The agent is a concept that is seen in the principal-agent relationship process. In this type of relationship, the agent is someone who is appointed by the principal to act on his behalf…View the full answer