The contractual duties owed by a principal to an agent are the duties of:
A)compensation.
B)reimbursement.
C)indemnification.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

The contractual duties owed by a principal to an agent include compensation (payment for the agent's services), reimbursement (payment for the agent's authorized expenses), and indemnification (protection for the agent from liability arising from authorized actions on behalf of the principal). Therefore, all of the above options are correct.

The Contractual Duties Owed by a Principal to an Agent