Contractual duties of a principal to an agent include all but the duty to:
A) pay the agent for losses suffered while acting legally as directed by the principal.
B) account for financial benefits.
C) pay for authorized expenses incurred.
D) compensate the agent as specified in the contract.

Question

Quizplus · Accepted Answer

The principal's duty to account for financial benefits is actually a duty of the agent to the principal, not the other way around. The agent must account to the principal for any benefits or profits made from their position as an agent. Duties A, C, and D are correct duties of a principal towards an agent.

Contractual Duties of a Principal to an Agent Include All