In performing agency duties, the agent must exercise the care that a reasonably prudent person would exercise under the same circumstances.

Question

Quizplus · Accepted Answer

This statement is true. It is a basic principle of agency law that an agent has a duty to act with reasonable care and skill when performing their duties on behalf of the principal. This means that the agent must use the same level of care that a reasonably prudent person would use in similar circumstances, taking into account the agent's knowledge, skills, and experience. This duty of care is a fundamental aspect of the agent-principal relationship and helps to ensure that the agent acts in the best interests of the principal at all times.

In Performing Agency Duties, the Agent Must Exercise the Care