Question: A principal need not compensate his agent if: A. There was no agreement on the amount of compensation the agent was to receive. B. The

A principal need not compensate his agent if:

A. There was no agreement on the amount of compensation the agent was to receive.

B. The agent has committed a serious breach of a fiduciary duty.

C. There is no market price for the agent's services.

D. The agent is a special agent.

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Neither party can simply revoke or renounce an agency--i.e., walk away from his agency duties--without the agreement of the other.

True

False

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