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

question 9

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.