contestada

A principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
a. true
b. false

Respuesta :

ayokenny2001

It is true that principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.

What is Principal Agent Relationship?

This is when two parties have agreed that an agent will act on behalf of the principal in negotiating and transacting business with third parties.

With regards to compensation, when a principal requests certain services from an agent, the principal has a duty to pay the agent, in a timely manner, for those services rendered.

Some of the duties of principal to its agent are:

  1. Duty to Compensate,
  2. Duty to Reimburse.
  3. Duty to Indemnify the Agent.

Learn more about Principal Agent Relationship here: https://brainly.com/question/18651220

#SPJ1

Otras preguntas