A Principal Must Indemnify an Agent for Any Expenses Incurred

question 26

True/False

A principal must indemnify an agent for any expenses incurred in carrying out agency responsibilities,but the principal will not be responsible for indemnifying an agent for any unauthorized purchases.

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Definitions:

Intermittent Reinforcement

Intermittent Reinforcement is a conditioning schedule in which rewards or consequences are given only some of the time, creating strong and persistent responses.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, leading to a faster acquisition of the behavior.

Immediate Reinforcement

The prompt delivery of a reward or punishment following a behavior, which increases the likelihood of that behavior's recurrence.

Spontaneous Recovery

The reappearance of a conditioned response after a period of lessened response or no exposure to the conditioned stimulus.