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    Legal Environment of Business
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    Exam 10: Agency
  5. Question
    A Principal Has a Duty to Reimburse or Indemnify the Agent
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A Principal Has a Duty to Reimburse or Indemnify the Agent

Question 22

Question 22

True/False

A principal has a duty to reimburse or indemnify the agent for payments made or expenses incurred even if incurred outside the agent's actual authority.

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