An employee's reasonable expectation in response to an employer's promise is key to a finding of an implied employment contract True O False Question 2 1 pts A principal who creates an exclusive agency and then competes with the agent can be held liable for the agent's lost profits or sales True False Question 3 1 pts An agent has the discretion whether to notify his or her principal of matters that come to the agent's attention concerning the subject of the agency True False

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