Sports Law Final Exam-Agency Law
Exam Questions And Answers
Law of Agency - correct answer ✅the legal relationship
formed between two people when one person agrees to
perform work for another person.
Agency Relationship - correct answer ✅The fiduciary relation
which results from the manifestation of consent by one person
to another that the other shall act on his behalf and subject to
his control, and consent by the other so to act
Primary Duties Imposed by Common Law - correct answer
✅Duty of loyalty, care, obedience, and fiduciary duties are
implied by law
Player Agent Functions - correct answer ✅Contract negotiation
Counseling
Financial Management and Planning
Marketing
Dispute Resolution
Career Planning
, Sports Law Final Exam-Agency Law
Exam Questions And Answers
Need for Regulation Agency law - correct answer ✅Unethical
Solicitation
Charging of Excessive Fees
Conflicts of Interest
General Incompetence
Income Mismanagement
Fraud
Unauthorized Practice of Law
Duty of Loyalty - correct answer ✅a fiduciary duty owed by an
agent not to act adversely to the interests of the principal
Duty of Obedience - correct answer ✅requires employee to
follow the reasonable orders and rules of the employer;
requires agent to carefully obey the instructions of the principal
Duty of care - correct answer ✅The duty of all persons, as
established by tort law, to exercise a reasonable amount of care
in their dealings with others. Failure to exercise due care, which
is normally determined by the reasonable person standard,
constitutes the tort of negligence.
Exam Questions And Answers
Law of Agency - correct answer ✅the legal relationship
formed between two people when one person agrees to
perform work for another person.
Agency Relationship - correct answer ✅The fiduciary relation
which results from the manifestation of consent by one person
to another that the other shall act on his behalf and subject to
his control, and consent by the other so to act
Primary Duties Imposed by Common Law - correct answer
✅Duty of loyalty, care, obedience, and fiduciary duties are
implied by law
Player Agent Functions - correct answer ✅Contract negotiation
Counseling
Financial Management and Planning
Marketing
Dispute Resolution
Career Planning
, Sports Law Final Exam-Agency Law
Exam Questions And Answers
Need for Regulation Agency law - correct answer ✅Unethical
Solicitation
Charging of Excessive Fees
Conflicts of Interest
General Incompetence
Income Mismanagement
Fraud
Unauthorized Practice of Law
Duty of Loyalty - correct answer ✅a fiduciary duty owed by an
agent not to act adversely to the interests of the principal
Duty of Obedience - correct answer ✅requires employee to
follow the reasonable orders and rules of the employer;
requires agent to carefully obey the instructions of the principal
Duty of care - correct answer ✅The duty of all persons, as
established by tort law, to exercise a reasonable amount of care
in their dealings with others. Failure to exercise due care, which
is normally determined by the reasonable person standard,
constitutes the tort of negligence.
