Which of the following is false regarding termination of agency in the Netherlands?
A)Compensation is due if the agent received the orders for a certain action before the termination of the contract.
B)The agent is entitled to goodwill compensation in certain situations.
C)There are requirements on the agent in regard to time limits in filing for certain compensation.
D)An agent is not entitled to additional compensation based on bringing the principal new customers or because agreements with clients obtained by the agent remain profitable.
E)The agent is entitled to compensation if his or her duties are concluded within a reasonable time after termination.

Question

Quizplus · Accepted Answer

A)In the most interesting triggering event for mandatory compensation,the agent is entitled to "goodwill compensation" if 1)the agent brought the principal new customers,2)the agent brought new agreements with clients who are still profitable to the principal,and 3)such payment is financially reasonable for the principal the relationship is not being terminated due to bankruptcy).

Which of the Following Is False Regarding Termination of Agency