A 'Del Credere' Agent

question 66

Multiple Choice

A 'del credere' agent:

• A)Agrees to indemnify the principal in the event of non-performance by the third party.
• B)Is usually not entitled to a commission.
• C)Agrees to indemnify the principal in the event of negligence.
• D)Is authorised to do anything on behalf of the principal that the principal can do.

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Definitions:

Natural Selection

An evolutionary process in which species that are more suited to their environment are more likely to survive and have a greater number of descendants.

Pristine Environment

An ecosystem or area that is untouched or minimally impacted by human activities, often considered in a natural or original state.

Genetic Distance

A measure of the genetic divergence between species or between populations within a species; a reflection of the amount of genetic change (evolution) that has occurred.

Subpopulations

Distinct groups within a larger population that often have unique characteristics or genetic makeup.