Question

An agency relationship is the relationship between the "principal" and the agent. An agent owes several duties to their principal. The Duty of Obedience is where the agent must act solely and completely for the benefit of the principal. Group of answer choices True False

Answer 1

Answer:

False

Explanation:

An agent's duty of obedience requires the agent to follow all lawful orders given to him/her by the principal. The agent must follow the principal's orders as long as they are lawful and reasonable with respect to the principal's well being.

The duty of loyalty requires the agent to act solely and completely for the benefit of the principal.