Chapter 21 Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

The agency agreement differs from the mercantile commission agreement in the fact that

A

A) The former gives rise to a long-lasting relationship between the contracting parties and the latter entails a mandate by which a person agrees to perform a trade or transaction on behalf of another person.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The persons linked by a labour relationship

A

C) Shall not be deemed sales agents.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

In what concerns exclusivity, from the agent’s point of view

A

C) Answers a & b are correct.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

If the renumeration of the agent is not expressly agreed in the agency agreement

A

D) It will be determined pursuant to the usage in trade of the place where the agent performs
his activity.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

During the term of agency agreement, the agent is entitled to a commission in the following cases

A

D) All of the above.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The agent is not entitled to compensation for clientele or damages

A

C) Answers a and b are correct.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

The non-competition obligation after termination of the agency agreement

A

A) May not exceed the term of two years from the expiry of the agency agreement.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Which of the following statements is true, in relation to the commission agreement

A

D) Answers b and c are correct.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

The parties to a distributorship agreement for an indefinite period may terminate it at any time, with or without cause, provided, however, that a prior written notice of termination is given

A

C) Within six months when the terminating party is the supplier.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Under Act 7/1996 regulating franchise

A

A) At least twenty days prior to the conclusion of any franchise agreement, the franchisor must
have provided the franchise with the information, in writing, needed to make a free and informed decision about joining the franchise network.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly