The Indemnity a Principal Ordinarily Owes to an Agent Extends

Multiple Choice

The indemnity a principal ordinarily owes to an agent extends to:

A) all payments made, expenses incurred and liabilities assumed as a necessary result of carrying out the instructions of the principal.
B) all of the agent's business expenses.
C) all of the expenses and liabilities of the agent however they arise.
D) all payments made and expenses and outlays incurred while the agent is carrying out the instructions of the principal, but not liabilities to third parties.