A gratuitous agent owes the principal the same duties as does a compensated agent.

Question

Quizplus · Accepted Answer

A gratuitous agent, or one who works without compensation, still has a fiduciary duty to act in the best interest of the principal and to carry out the duties outlined in their agency agreement. This includes duties of loyalty, obedience, care, and disclosure. Therefore, a gratuitous agent owes the principal the same duties as a compensated agent.

A Gratuitous Agent Owes the Principal the Same Duties as Does