An Agent Is Entitled to Remuneration

question 26

Multiple Choice

An agent is entitled to remuneration:

• A)Regardless of the principal's intentions.
• B)If agreed by the principal and agent.
• C)According to legislation.
• D)As reimbursement for expenses incurred on behalf of the principal.

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Definitions:

Regulatory Deadline

A specific date by which a requirement set forth by a regulatory authority must be met.

Pay a Fine

The act of giving money as a penalty for violating a rule or law.

Damages

Financial compensation ordered by a court to be paid to a person who has suffered loss or injury.

Foreseen Users

Individuals or entities who are anticipated to use or be affected by a product, service, or information, considered in planning and design processes.