Which of the following denotes the duties required of an agent?

Question

Quizplus · Accepted Answer

The duties required of an agent include abiding by the terms of the agency agreement, which is mentioned in choice C. Reimbursing the principal for out-of-pocket expenses (A) and payment for services rendered (B) may or may not be duties depending on what is specified in the agency agreement. Indemnifying the principal for agency business losses (D) may be a duty in some circumstances, but it is not a general duty required of all agents.

Which of the Following Denotes the Duties Required of an Agent