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Sunday, 29 December 2013

Agent’s Duties to Principal & Principal’s Duties to Agent

Agent’s Duties to Principal
Performance: reasonable diligence and skill (special skills).
Notification to P.
Loyalty (no conflict of interest).
Case 31.3:  American Express v. Topel (1999).
Obedience. 
Accounting.
Principal’s Duties to Agent
Compensation (Express or Implied).
Reimbursement and Indemnification.
Cooperation.

Provide safe working conditions.

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