Principals are obligated to compensate agents in a timely manner and to reimburse agents for reasonable expenses incurred while acting for the principal.

Question

Quizplus · Accepted Answer

It is the duty of the principal to compensate their agents in a timely manner and pay for their reasonable expenses while they are acting on behalf of the principal. This is a legal obligation that ensures fairness and accountability in the agent-principal relationship.

Principals Are Obligated to Compensate Agents in a Timely Manner