Question Completion Status: QUESTION 11 The concepts of agency by ratification and agency by estoppel are used when one or more of the elements of agency does not exist. True False QUESTION 12 If an agent is sued by a third party for the actions of the principal and the agent pays the third party, the agent can collect from the principal based upon the concept of: reimbursement accounting notice indemnification QUESTION 13 If an agent has an exclusive sales territory and the principal hires someone else to work in that territory, this is a breach of the duty of cooperation Click Save and Submit to save and submit. Click Save All Answers to save all answers