Which of the Following Statements Is True of the Duty

question 79

Multiple Choice

Which of the following statements is true of the duty of compensation?

• A) It does not permit an agent to be paid on a contingency fee basis.
• B) If the parties in an agency cannot agree on the amount, courts will usually award the compensation claimed by one of the parties.
• C) It requires a principal to compensate an agent for any losses incurred when the agent is acting on behalf of the principal.
• D) It requires a principal to compensate an agent for services rendered even in the absence of a written agreement.

---

Definitions:

Web Herding

The phenomenon where individuals' decisions or behaviors are influenced en masse through the Internet, often through social media or online reviews.

Functionalist

A viewpoint in both sociology and anthropology that sees society as a system comprised of interconnected components, which function to fulfill the social and biological requirements of its members.

Mass Media

Various forms of communication mediums, such as television, radio, newspapers, and the Internet, that reach a large audience.

Mass Media

Various forms of communication, such as television, radio, newspapers, and the internet, that reach large audiences simultaneously, playing a significant role in shaping public opinion and culture.