Asked by Raney Sumpter on Apr 30, 2024
Verified
The duty of an agent to perform specified duties with reasonable skill, care, and professionalism is referred to as which of the following?
A) Duty of action
B) Duty of contract
C) Express duty of action
D) Duty of performance
E) Duty of obedience
Duty of Performance
The duty of performance is an obligation in a contract that requires a party to fulfill the terms as agreed.
Reasonable Skill
The level of competence that a professional is expected to perform in a specific task, based on common standards in the field.
- Comprehend the duties and obligations of agents towards their principals, including the duty of performance and obedience.
Verified Answer
RK
rakshya khatiMay 01, 2024
Final Answer :
D
Explanation :
The duty of performance refers to the obligation of an agent to carry out their responsibilities with an appropriate level of skill, care, and professionalism. This encompasses executing the tasks they are hired for efficiently and effectively, adhering to the standards of their profession or industry.
Learning Objectives
- Comprehend the duties and obligations of agents towards their principals, including the duty of performance and obedience.