Solved

Which of the Following Is False Regarding a Principal's Duties

Question 74

Multiple Choice

Which of the following is false regarding a principal's duties to an agent?


A) An agent can sue the principal if the principal does not fulfill the duties owed to the agent.
B) In a successful suit against a principal,an agent is entitled to contract remedies but not tort remedies.
C) If a principal has failed to fulfill the duties owed to the agent,the agent can refuse to act on behalf of the principal until the failure is remedied.
D) A principal has a duty to compensate his or her agent for services provided unless the parties have agreed that the agent will act gratuitously.
E) A principal has a duty to reimburse and indemnify the agent for authorized expenditures.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents