The duty of an agent of necessary to a principle is based on?
Answer Details
The duty of an agent to a principal is based on trust. An agent is appointed by a principal to act on their behalf and in their best interest. This creates a fiduciary relationship between the agent and the principal. The agent is expected to act honestly, fairly, and in good faith in carrying out the responsibilities assigned by the principal. The agent is also required to keep the principal's confidential information private and not use it for personal gain. All these requirements are based on the trust placed in the agent by the principal, and failure to meet these expectations can result in legal consequences.