Legal obligations in an agency run from agent to principal, not principal to agent.

Name: Legal obligations in an agency run from agent to principal, not principal to agent.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

In an agency relationship, legal obligations run both from the agent to the principal and from the principal to the agent, including duties such as loyalty, care, and obedience from the agent, and duties such as compensation, reimbursement, and indemnification from the principal.

Legal Obligations in an Agency Run from Agent to Principal