Which of the following is NOT a major duty, which the agent owes to the 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 generally an obligation of the principal towards the agent, not the other way around. It involves compensating the agent for losses incurred while acting on the principal's behalf, provided the agent acted within the scope of their authority and in accordance with their duties. Duties A, B, and D are indeed major duties an agent owes to the principal, including following the principal's instructions, acting with loyalty and in good faith, and exercising care in their actions.

Which of the Following Is NOT a Major Duty, Which