Kate, an agent of Gator Supplies, Inc., is responsible for performance of a specified task. However, the instructions are unclear, and Kate must act in a reasonable manner considering the circumstances. This is an example of an exception to which duty owed to the principal?

A. Duty of notification.
B. Duty to account.
C. Fiduciary duty.
D. Duty of obedience.

Answer: D. Duty of obedience.

Business

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a. True b. False

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The market in which currencies are bought and sold and their prices determined is called the ________

A) Eurocurrency market B) international capital market C) international bond market D) foreign exchange market

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