Agents Duties to Principle>>>
<<<Principles Duties to the Agent
Performance
an implied condition to agree to a reasonable diligence of skill in performing work.--expected to express a degree of skill claimed. otherwise breach of agents duty.
Notification
under the Duty to notification, an agent is required to notify the principle of all subject matters portraying to the agency, because the law states that theprinciple assumes notification to the agent, is notification to the principle. otherwise failure to inform, or notify.
Loyalty
fundamental to the fiduciary relationship is the sole loyalty to the principle and not to the benefit of self, or a third party. otherwise breach of loyalty.
Obedience
the agent has a duty to follow all lawful and clearly informed instructions of the principle, and under duty to obedience is required to fulfill all reasonable duties in good faith and under reasonable circumstance. otherwise breach of duty
Accounting
unless otherwise stated, the agent has a duty to keep a record of all funds and property received and paid out on behalf of the principal. otherwise failure to account
Compensation
Principle has a duty to pay upon reasonable compensation of what is agreed or customary to services provided, if an service is requested of the agent.
Reimbursement
provides compensation for any funds disbursed by the agent to perform reasonable duties of the agency. also to indemnify for liabilities incurred to the agent for lawful acts or transactions of the principal.
Indemnification
provides compensation for any funds disbursed by the agent to perform reasonable duties of the agency. also to indemnify for liabilities incurred to the agent for lawful acts or transactions of the principal.
Cooperation
the principle has a duty to cooperate with the agent in assistance of performing their duties.The principal must not do anything to prevent the performance of the agents to fulfill their duties.
Safe Working Environment
the common law states that the principle is required to provide safe working premises, equipment, and conditions for all agents. The principle also is bound to the Duty to inspect all work areas and to warn agents of safety hazards.