In a Contingent Fee Contract,the Principal Must Pay the Agent

question 44

True/False

In a contingent fee contract,the principal must pay the agent prior to the completion of the agency.

---

Definitions:

Organizational Identity

The shared beliefs and values that define what an organization stands for and how it perceives itself.

Personalities

The amalgamation of traits and qualities that create a person's unique character.

Organizational Managers

Individuals responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, division, department, or an operating unit within an organization.

Bureaucratic Organizational Structure

An organizational model characterized by a hierarchy of authority, formalized rules and procedures, and impersonal relationships.