The obligation of a principal to pay an agent for expenses incurred by the agent while performing work for the principal is known as
a. repayment.
b. indemnification.
c. recovery.
d. reimbursement.
D
You might also like to view...
Indirect costs are costs that are not easily and accurately traced to a cost object
Indicate whether the statement is true or false
In addition to defining and describing jobs, descriptions of managerial/professional jobs often include more detailed information on the:
A. nature of the job, its scope, and accountability B. job evaluation and analysis processes C. job redesign and correcting discrepancies D. performance appraisal and union affiliation E. functional job analysis
The phrase "piercing the company veil" applies to which type of organization?
a. a close corporation b. a general partnership c. a limited liability company d. an S corporation
The contract between a person selling a house and a real estate agent is called
a. escrow. b. a purchase offer. c. a listing contract. d. a contract of sale.