Multiple Choice
A del credere agent:
A) agrees to indemnify the principal in the event of non-performance by the third party.
B) is usually not entitled to a commission.
C) agrees to indemnify the principal in the event of negligence.
D) is authorised to do anything on behalf of the principal that the principal can do.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Which of the following is not a
Q33: Brokers are in the business of:<br>A)selling property
Q34: An agent who acts without actual authority
Q35: Where a third party contracts with an
Q36: The word remuneration is closest in meaning
Q38: A is authorised by P to negotiate
Q39: Generally speaking, when will a person become
Q40: An agent will have 'authority by estoppel'
Q41: If a principal's instructions are vague or
Q42: A is engaged as the personal assistant