If an Agent Suffers Losses While Acting for the Principal,the

question 24

True/False

If an agent suffers losses while acting for the principal,the principal has a duty to indemnify the agent for those losses.

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Definitions:

Internet of Things

A network of physical objects—devices, vehicles, appliances—embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.

Data Analytics

The process of examining datasets to draw conclusions and find patterns using statistical and computational methods.

Digital Footprint

The record or trail left by the things you do online, including websites visited, emails sent, and information submitted to online services.

Online

Connected to or available through the internet or another computer network.