Explore BrainMass

Explore BrainMass

    agent

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What duties does an agent owe to the principal? (200 words)

    Can you help me get started with this assignment?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:26 pm ad1c9bdddf
    https://brainmass.com/business/business-law/231179

    Solution Preview

    The major duties of the agent to the principal are those of care, obedience, and loyalty-similar to those of a trustee.

    The agent must act solely for the interests of his principal and therefore must account for any financial benefit ("secret profit") he might derive from a transaction. In other ...

    Solution Summary

    Business law: What duties does an agent owe to the principal?

    $2.19

    ADVERTISEMENT