Between which of the following parties would a fiduciary relationship exist giving rise to a presumption of undue influence?
A) Between a bus driver and a regular passenger.
B) Between an account and his client
C) Between a lawyer and his client
D) Both A and C
E) Both B and C
E
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An agent has a listing on a residential property with an expiration date June 16th. On May 2nd, the seller accepts an offer from a buyer. On June 4th the title is conveyed at closing with a stipulation that the buyer will not take possession of property until June 11th. When is listing terminated?
A. May 2nd. B. June 4th. C. June 11th. D. June 16th.
Which of the following is a drawback of adopting a polycentric staffing approach?
A. It is expensive to implement. B. It leads host-country managers to make mistakes due to cultural misunderstandings. C. It limits advancement opportunities for host-country nationals. D. It invariably makes a firm suffer from cultural myopia. E. It bridges the gap between the headquarters of a firm and its foreign subsidiaries.