Question

Kelvin is an agent for Lookout Mountain Accountants, Inc. On Lookout’s behalf and at its request, Kelvin pays Nerdlinger for custom software designed for the management of Lookout’s services. Kelvin’s right to obtain the amount of those payments from Lookout arises under the principal’s duty of:

A. compensation.
B. cooperation.
C. indemnification.
D. reimbursement.

Answer 1

D. reimbursement.

Step-by-step explanation:

In the question, it is mentioned that Kelvin pays Nerdlinger for custom software designed for the management of Lookout’s services.

So according to the principal’s duty of reimbursement she has the right to take the money back from Lookout as she has paid the amount on behalf of the Lookout and this word refers to the amount that is already spent and taken back when the person needs

Many companies given the reimbursement to their employees in terms of travel work expenses.