Which of the Following Is False Regarding Termination of Agency

question 25

Multiple Choice

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

• A)Compensation is due if the agent received the orders for a certain action before the termination of the contract.
• B)The agent is entitled to goodwill compensation in certain situations.
• C)There are requirements on the agent in regard to time limits in filing for certain compensation.
• 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)The agent is entitled to compensation if his or her duties are concluded within a reasonable time after termination.

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Definitions:

Cumulative Relative Frequency

A statistical measure showing the sum of relative frequencies up to a certain class or category, indicating the proportion of data points that fall within that category or below.

Total Sample

The full collection of individuals, items, or data points that have been selected or gathered for analysis in a study.

Upper Limit Value

The maximum value in a given set, or the highest allowable value according to certain criteria.

Standard Deviation

An indicator that calculates the degree of spread or variation of a dataset in relation to its average, showing the distribution of the data points.