If a payment amount is not specified in the agency agreement, a principal's duty to compensate means that the principal must pay the agent:
A) for the reasonable value of the services provided
B) at least half the customary rate
C) for the rational value of the services provided
D) however much the agent demands
E) however much the agent's attorney demands
Correct Answer:
Verified
Q252: The principal is under a _ for
Q253: If an agency agreement did not specify
Q254: An agent is a(n) _ of the
Q255: Which of the following is not a
Q256: The principal's duty to indemnify the agent
Q258: For an agent to be a fiduciary
Q259: If a payment amount is not specified
Q260: Which of the following is part of
Q261: The duty of loyalty:
A) requires a principal
Q262: An agent is trying to sell a
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