What Are the Duties Required of an Agent

question 29

Multiple Choice

What are the duties required of an agent?

• A) reimburse the principal for out-of-pocket expenses
• B) pay the principal for services rendered
• C) abide by the terms of the agency agreement
• D) indemnify the principal for agency business losses

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Definitions:

Areas Of Competence

Specific fields or domains in which an individual or organization possesses expertise and proficiency.

Organize Résumé

The process of arranging or structuring a résumé in a logical and clear manner to highlight relevant information.

Functionally

In a manner that relates to the practical use or purpose of something rather than its aesthetics.

Chronologically

In order of time, from the earliest to the latest.