Which of the following statements is true of the duty of compensation?
A) It does not permit an agent to be paid on a contingency fee basis.
B) If the parties in an agency cannot agree on the amount, courts will usually award the compensation claimed by one of the parties.
C) It requires a principal to compensate an agent for any losses incurred when the agent is acting on behalf of the principal.
D) It requires a principal to compensate an agent for services rendered even in the absence of a written agreement.
Correct Answer:
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