Which of the Following Is False Regarding Termination of Agency

question 35

Multiple Choice

Which of the following is false regarding termination of agency in the Netherlands?

• A) The agent is entitled to compensation if his or her duties are concluded within a reasonable time after termination.
• B) Compensation is due if the agent received the orders for a certain action before the termination of the contract.
• C) The agent is entitled to goodwill compensation in certain situations.
• D) An agent is not entitled to additional compensation based on bringing the principal new customers or because agreements with clients obtained by the agent remain profitable.
• E) There are requirements on the agent in regard to time limits in filing for certain compensation.

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Definitions:

Vertical Axis

In a graph, it is the y-axis, representing the range of values for a given variable, typically placed perpendicular to the horizontal axis.

Horizontal Axis

The x-axis in a graph that usually represents the independent variable or the base timeframe over which data points are plotted.

Beef Prices

The cost or price level of beef in a market, which can vary based on supply, demand, quality, and other economic factors.

Histogram

A graphical representation of data that groups numbers into ranges, representing the frequency of data within each range with bars.