Asked by
Kyleigh Hendrix
on Nov 28, 2024Verified
Lorane, an attorney, contracts with Melos to incorporate the client's business. Their contract stipulates the amount of the fee. On completion of the work, the attorney's right to be paid this amount arises from the client's duty of
A) none of the choices.
B) compensation.
C) indemnification.
D) reimbursement.
Attorney
A legal professional authorized to practice law, counsel, and represent individuals or entities in legal matters.
Duty of Compensation
An obligation to provide payment or restitution for loss, damage, or injury.
Incorporate
The process of legally forming a corporation under state law, effectively creating a distinct legal entity separate from its owners.
- Comprehend the legal duties and privileges of both principals and agents when engaged in an agency relationship.
Verified Answer
AD
Learning Objectives
- Comprehend the legal duties and privileges of both principals and agents when engaged in an agency relationship.