What Constitutes a 'Secret Commission' Received by an Agent? Outline
What constitutes a 'secret commission' received by an agent? Outline any remedies available to the principal as a consequence of receiving a secret commission.
What do you think is the rationale behind the rule that an agent must act in person? Do you agree with this rationale?
The parties may terminate an agency agreement by:
A) Resignation by the agent.
B) Mutual agreement.
C) Revocation by the principal.
D) All of the above.
Which of the following is an example of termination of an agency by operation of law?
A) Performance of the agent's task.
B) Completion of a specific purpose or act.
C) Revocation of the agent's authority.
D) Acceptance of a secret commission by the agent.