An agent is liable for his own actions. Which of the following is true regarding this statement.
a. This is true whether the principal is liable or not.
b. This is true only if the principle is also liable.
c. This is true if the broker also has guilty knowledge of the fact.
d. This is true only if another licensee colluded in the wrongful act.
Answer: a. This is true whether the principal is liable or not.
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Which of the following elements must be established to create an implied-in-fact contract?
A) A plaintiff provided a property or services gratuitously. B) A plaintiff made a defendant sign a contract and then changed its terms, calling the new terms "previously implied." C) A defendant was given an opportunity to reject a property or services provided by a plaintiff but failed to do so. D) A defendant accepted a property or services offered by a plaintiff as a fee for an illegal activity.
A(n) ________ is an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed
A) bilateral contract B) unilateral contract C) implied-in-fact contract D) quasi contract