Who is liable for the contract entered into the agent on behalf of his principal? The

Answer Details

In general, the principal is liable for the contract entered into by the agent on behalf of the principal. This means that the principal is responsible for fulfilling the terms of the contract and paying any damages or penalties that may arise from the contract. The agent may also be held liable in certain circumstances, such as if the agent acted outside the scope of their authority or committed fraud. However, the primary responsibility lies with the principal, as the agent is acting on their behalf.