An Agent May Work for Two Principals at the Same

question 56

True/False

An agent may work for two principals at the same time if the agent deals fairly with both.

---

Definitions:

Channels of Distribution

The path or route that products and services take from the manufacturer to the final consumer, including all intermediaries.

Channel Member

An entity (such as a distributor, retailer, or wholesaler) that plays a role in moving products or services from the producer to the consumer.

Financial History

A record of an individual’s or organization's past financial transactions, performance, and behaviors.

Extensive Product Knowledge

Possessing a deep and broad understanding of the features, benefits, and potential applications of the products one is selling.