Generally Speaking, Agents Are Entitled to Be Indemnified by the Principal

question 49

Multiple Choice

Generally speaking, agents are entitled to be indemnified by the principal:

• A)For payments, expenses and liabilities specifically agreed upon either verbally or in writing.
• B)For payments, expenses and liabilities contemplated by both parties at the time of entry into the agency agreement.
• C)For all payments, expenses and liabilities covered by the terms of their agreement.
• D)For all payments, expenses and liabilities incurred by the agent as a necessary result of carrying out the principal's instructions.

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