All flashcards
14 cards
1What is an agent’s duty of loyalty?
2If an agent engages in an ordinary act or transaction that is a breach of the duty of loyalty, may the principal consent to that act or transaction?
3A woman instructed her agent to inquire about a large parcel of land that was being offered for sale. While inspecting the parcel of land, the agen...
4In the agency context, what does the duty to avoid competition with the principal prohibit an agent from doing?
5What is an agent’s duty against self-dealing?
6A man had an agent who represented him at various auctions to bid on pieces of art from the seventeenth century. A woman wanted to retain the same ...
7In the agency context, what are the agent’s duties of performance?
8In the agency context, what does the duty of good conduct require an agent to do?
9In the agency context, what does the duty to provide information require an agent to do?
10Does an agent have any duty with respect to his principal’s property?
11What general duties does an agent owe a principal?
12In the agency context, what does the duty of good faith require a principal to do?
13In the agency context, what does the duty to indemnify require a principal to do?
14What are the primary duties that a principal owes to an agent?