The breach of the fiduciary duty by an agent: a. results in termination of the agent. b. terminates the agent's apparent authority. c. does not terminate an agent's implied authority. d. none of the above

The correct answer is letter "A": results in termination of the agent.

Explanation:

Principal-agent relationships are based on a fiduciary duty or, in other words, trust. Principal-agent problems typically arise because principals tend to delegate agents the execution of activities that benefit the principals but not the entity the agent represents. Thus, if the trust between them is broken, principals, as owners of the entity, terminate the agent's contract.

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

the interest will be $59.71

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