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Question
The state of Idaho has a two-year statute of limitations for personal injury actions. Graham was injured by Alice in a car accident on January 1, 2013. If Graham wants to bring a lawsuit against Alice on January 15, 2015, which of the following is most likely to be the outcome?A) Graham is allowed to sue Alice after appealing for an extension of the statute of limitations.
B) Graham is not allowed to sue Alice, having lost his right to sue her.
C) Graham can sue Alice but will not receive damages.
D) Graham can sue Alice but is not entitled to a jury trial.
Answer
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Related questions
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Which of the following is true of a fully disclosed agency?
A) The third party does not know the identity of the principal.
B) The third party knows the name of the principal but all transactions are done with the agent.
C) The contract is between the principal, agent, and the third party.
D) The principal is liable on the contract with a third party.
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The ________ is a principal's duty to cover the agent for any losses the agent suffers because of the principal's conduct.
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A) duty to indemnify
B) duty to account
C) duty to reimburse
D) duty to notify
Q:
Which of the following is an instance of misuse of confidential information?
A) An agent gives the seller the principal's name and phone number in a fully disclosed transaction.
B) A principal gives the contact details of an agent to a third-party without the agent's knowledge.
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A) The principal can recover damages from the agent if the competition continues after the agency has ended.
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D) The principal is not allowed to recover lost sales due to the agent's competing venture.
Q:
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The agent's actions–not the principal's–create an apparent agency.
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A power of attorney gives an agent the power to sign legal documents on behalf of the principal.
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An express agency contract cannot be orally agreed upon.
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Which of the following is true of an apparent agency?
A) The authority of an apparent agent is implied from the conduct of the parties.
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Q:
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Q:
Which of the following is true about a special power of attorney?
A) It is an implied form of power of attorney.
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The issuer is permitted to assert a due diligence defense against the imposition of Section 11 liability.
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Q:
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Q:
In order to be found guilty for violation of Rule 10b-5, intentional conduct (scienter) must be proven.