The duties that an agent owes a principal must be set forth in the agency agreement because they do not arise by operation of law.

Name: The duties that an agent owes a principal must be set forth in the agency agreement because they do not arise by operation of law.
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The duties that an agent owes a principal, such as loyalty, obedience, and care, arise by operation of law and do not need to be explicitly stated in the agency agreement.

The Duties That an Agent Owes a Principal Must Be