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

Question

Quizplus · Accepted Answer

The principal owes the agent duties of compensation (paying for the agent's services), reimbursement (covering expenses the agent incurs while performing their duties), and indemnification (protecting the agent from losses suffered while performing their duties).

The Contractual Duties Owed by a Principal to an Agent