Margie appoints Bryant as her agent to sell goods for the best price he can get. Bryant sells the goods in a market that is glutted and obtains a low price, even though he could have obtained a higher price in a nearby market, with a little more effort. Bryant is liable to Margie for breach of the duty of diligence.

Question

Quizplus · Accepted Answer

Bryant is liable because as an agent, he has a duty to act with diligence and to secure the best possible deal for Margie. By not making the extra effort to sell the goods in a nearby market where a higher price could have been obtained, he breached this duty.

Margie Appoints Bryant as Her Agent to Sell Goods for the Best