Unless an agent does not act in exchange for payment, the principal must pay the agreed-on value for the agent's services.

Name: Unless an agent does not act in exchange for payment, the principal must pay the agreed-on value for the agent's services.
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Question

Quizplus · Accepted Answer

This statement is true according to the basic principles of agency law. If an agent performs services for a principal in exchange for payment, the principal is generally obligated to pay the agreed-upon compensation or value for those services rendered.

Unless an Agent Does Not Act in Exchange for Payment