TRUE/FALSE ___1. An agency relationship is a fiduciary relationship. ___2. If a

Question

TRUE/FALSE
___1. An agency relationship is a fiduciary relationship.
___2. If a contract involves a sale of goods of $500 or more and services, the primary purpose of the contract (is it predominantly a sale of goods, or predominantly a provision of services?), as established in court, will determine whether the contract was required to be in writing to be enforceable (subject to any applicable exception).
___3. In order for the doctrine of “substantial performance” to apply, allowing a party to not be held in material breach of a contract, that party must have given the other party most of what was bargained for in the contract—the essentials of the bargain.
___4. Washington allows a lawsuit to be brought for wrongful discharge from (or termination of) employment, as an exception to the “terminable at will” employment doctrine, if there is some violation of public policy, but the plaintiff must be able to establish that there is a public policy that has been violated.

Explanation / Answer

1. True. It is a fiduciary relationship.

2. False. A contract need not be a written one.

3. True- The amount should be so much equal to the bargained amount that the party can't deny receipt of the amount.

4. True- This will help prevent termination due to personal grudge or dislike.

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