A duty that a principal owes to pay an agreed-upon amount to the agent, either upon the completion of the agency or at some other mutually agreeable time, is known as a principal's ________.

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The duty that a principal owes to pay an agreed-upon amount to the agent is known as a principal's duty to compensate. This compensation can be upon the completion of the agency or at some other mutually agreeable time, as per the terms of their agreement. The duty to reimburse refers to the principal's obligation to reimbursing the agent for any expenses incurred while undertaking the agency, and the duty to indemnify pertains to the principal's responsibility to protect the agent from any legal consequences arising out of performing the agency.

A Duty That a Principal Owes to Pay an Agreed-Upon