Multiple Choice
Contractual duties of a principal to an agent include all but the duty to:
A) pay the agent for losses suffered while acting legally as directed by the principal.
B) account for financial benefits.
C) pay for authorized expenses incurred.
D) compensate the agent as specified in the contract.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: An agent may be liable to his
Q22: In circumstances under which a person is
Q23: A principal has no duty to compensate
Q24: An agency contract appointing the agent for
Q25: A person who engages an independent contractor
Q27: All of the following except which one
Q28: Mark,who is 16 years old,appoints Joe,age 21,as
Q29: All independent contractors are agents,but not all
Q30: A principal owes to any agent the
Q31: A principal may generally revoke the authority