An agent has a duty to notify his principal of all facts relevant to the purpose of the agency.

Question

Quizplus · Accepted Answer

This is a basic principle of agency law known as the duty of disclosure or duty of loyalty, which requires the agent to inform the principal of all relevant information related to the agency relationship, including any conflicts of interest or potential conflicts. Failing to disclose such information could result in a breach of the agent's duties and potential liability for any resulting harm to the principal.

An Agent Has a Duty to Notify His Principal of All