Asked by
Paula Ximena Guerrero Gomez
on Nov 01, 2024Verified
In situations with a partially disclosed principal,agents are not entitled to indemnification if they incur a loss or are damaged as a result of a request made by the principal.
Partially Disclosed
Refers to a situation where some but not all relevant information has been revealed.
Indemnification
Payment for loss or damage suffered.
- Understand the rights and liabilities of parties in agency relationships, including indemnification and liability for contracts.
Verified Answer
CB
Learning Objectives
- Understand the rights and liabilities of parties in agency relationships, including indemnification and liability for contracts.