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A duty of the principal to his agent is to

Commerce
WAEC 2023

A duty of the principal to his agent is to

  • A. stop the sale of good in transit
  • B. pay the agent for services rendered
  • C. disclose confidential information
  • D. renegotiate agreements made by the agent
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Correct Answer: Option B
Explanation

The duties include: he must provide all necessary facilities to the agent for proper execution of the contract, pay the agent the commission or other agreed remuneration and also indemnify the agent for any expenses or losses incurred by the agents.


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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group