Which of the following is NOT a major duty which the agent owes to his principal?
A) Duty to obey instructions.
B) Duty to act in good faith and with loyalty.
C) Duty to indemnify.
D) Duty to exercise care.

Question

Quizplus · Accepted Answer

The duty to indemnify is not a major duty that an agent owes to his principal. Indemnification refers to compensation for any loss or damage suffered by the principal while the agent was acting within the scope of his authority. While an agent may be responsible for indemnifying the principal for any losses caused by his negligence or breach of duty, this is not considered a major duty that an agent owes to his principal. The other options - duty to obey instructions, duty to act in good faith and with loyalty, and duty to exercise care - are considered major duties that an agent owes to his principal.

Which of the Following Is NOT a Major Duty Which