What Are the Duties Required of an Agent

question 29

Multiple Choice

What are the duties required of an agent?

• A) reimburse the principal for out-of-pocket expenses
• B) pay the principal for services rendered
• C) abide by the terms of the agency agreement
• D) indemnify the principal for agency business losses

---

Definitions:

Branding Exercises

Activities or strategies designed to develop or enhance a brand’s identity, recognition, and perceived value in the market.

Charisma

A special quality of leaders whose purposes, powers, and extraordinary determination differentiate them from others.

Behavioral Outcomes

The observable actions or responses resulting from specific stimuli or conditions.

Commitment

A dedication to a cause or activity, often evidenced by a willingness to invest time, resources, and effort.