Any property,money,or other benefit received by the agent in the course of an agency belongs to the principal.

Question

Quizplus · Accepted Answer

This is a fundamental principle of agency law, known as the principle of fiduciary duty. All benefits received by an agent while acting on behalf of a principal belong to the principal. This includes any money, property, or other benefits received in the course of the agency relationship. The agent is acting as a representative of the principal and has a duty to act in the principal's best interests at all times.

Any Property,money,or Other Benefit Received by the Agent in the Course