Which of the Following Is True If There Is No

Multiple Choice

Which of the following is true if there is no agreement between a principal and an agent regarding the amount for which the principal will compensate the agent?

A) It will be assumed that the agent agreed to work for free on a gratuitous basis.
B) The agent will be allowed to set the price which will be enforced unless it is unconscionable.
C) The principal will be allowed to set the price which will be enforced unless it is unconscionable.
D) The court will appoint a magistrate to set the price.
E) Compensation will be calculated according to the customary fee in the situation.