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