When an agreed-on result is obtained by the agent and the principal does not benefit, the agent:
A) will not be paid.
B) is entitled to be paid.
C) must return any pay to the principal.
D) may only recover the expenses incurred, not the actual compensation.

Question

Quizplus · Accepted Answer

Compensation is often made contingent on results. Sales agents are frequently paid an agreed-on percentage of the value of the sales they make. Stockbrokers are also usually paid on a commission basis. An agent is entitled to be paid if the agreed-on result is obtained even though the principal does not benefit.

When an Agreed-On Result Is Obtained by the Agent and the Principal