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jasss jasss
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2 years ago
With respect to duties owed by an agent to his or her principal, which of the following statements is false with regard to agency law?

▸ Failure of an agent to obey his or her principal and to act within the authority given him allows the principal to sue the agent for breach of contract.

▸ An agent must use reasonable care, skill, and diligence in the performance of his or her duties as agent.

▸ When an agent enters a contract on behalf of his principal but does so in breach of his or her duties to the principal, the contract is void and cannot bind the principal.

▸ Generally, an agent may not delegate his or her authority without the authorization of his or her principal.

▸ Failure of an agent to perform his or her duties personally may allow his or her principal to sue the agent for breach of contract.
Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
Author:
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RezoVIIIRezoVIII
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2 years ago
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