A duty of the principal to his agent is to
COMMERCE
WAEC 2023
A duty of the principal to his agent is to
- A. stop the sale of good in transit
- B. pay the agent for services rendered
- C. disclose confidential information
- D. renegotiate agreements made by the agent
Correct Answer: B. pay the agent for services rendered
Explanation
The duties include: he must provide all necessary facilities to the agent for proper execution of the contract, pay the agent the commission or other agreed remuneration and also indemnify the agent for any expenses or losses incurred by the agents.
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