36. As the world progresses toward increasingly integrated financial and goods markets, other things being _____________, one might expect to see an increase in the number of countries with surpluses or deficits, as flows of both financial assets and goods work to equalize desired saving and investment around the world.
- 1) equal;
- 2) ignored;
- 3) irrelevant;
- 4) postponed.
37. The common law of agency is the body of law applicable to __________ relationships in which one person (the agent) consents to act on behalf of another person (the principal) and subject to that person’s control.
- 1) collateral;
- 2) collegial;
- 3) conductive;
- 4) consensual.
38. Agency doctrine __________ the consequences, for the agent and principal, of the agent’s interactions with third parties, as well as the consequences of the relationship as between the agent and principal.
- 1) advocates;
- 2) dictates;
- 3) governs;
- 4) monitors.
39. Agency is a common-law subject of wide ___________ that intersects with a number of other subjects.
- 1) scale;
- 2) scope;
- 3) sense;
- 4) series.
40. The regular appearance of corporate scandals in newspapers—Enron in particular—has emphasized that agency law continues to be __________ in business and employment relationships.
- 1) adamant;
- 2) evident;
- 3) permanent;
- 4) relevant.
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