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Which of the Following Occurs If Both a Principal and an Agent

Question 48

Multiple Choice

Which of the following occurs if both a principal and an agent cannot agree on the compensation?


A) The principal is no longer bound by the duty of compensation.
B) Compensation will be calculated on the basis of what is reasonable or customary.
C) Compensation will be calculated according to government wage rates.
D) Compensation will be determined by the full faith and credit clause of the U. S. Constitution.

Correct Answer:

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