Which Statement Is False Regarding Agency Law in the United

question 46

Multiple Choice

Which statement is false regarding agency law in the United Arab Emirates (UAE) ?

• A)Registered agents may seek compensation when an agency ends even if the termination occurs in accordance with the terms of the agency agreement.
• B)Only registered agents are entitled to seek compensation in the event of termination.
• C)The UAE Civil Code is relevant in regard to agents.
• D)In regard to disputes about compensation of agents,court-appointed experts are usually the entities that are responsible for determining compensation amounts.
• E)UAE Commercial Transaction Law is relevant in regard to agents.

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Definitions:

Future Generations

The people who will live at a later time, especially the descendants of the current population.

Moral Development

The growth process in individuals whereby they progressively adopt more mature ethical principles and social attitudes, understanding right from wrong in increasingly sophisticated ways.

Key Behaviors

Fundamental actions or patterns of actions that contribute to the achievement of specific objectives or outcomes.

Stages

Refers to the different phases or steps within a process or development cycle.