Asked by

yashpreet kaur sandhu
on Nov 28, 2024

verifed

Verified

If a sales agent and principal disagree on the commissions the agent should have received over a certain period, the agent can demand an accounting.

Commissions

Payments made to agents or employees based on the value of sales or services they have directly facilitated or sold.

Sales Agent

An individual or entity tasked with selling products or services on behalf of another company, typically earning a commission for transactions.

Accounting

The systematic process of recording, measuring, and communicating financial information about economic entities.

  • Acquire knowledge of the legal consequences and accountabilities when there is a breach of obligations by either the agent or principal.
verifed

Verified Answer

LM
logan mcclurgDec 04, 2024
Final Answer:
Get Full Answer