Asked by
Nazareth Lacayo
on Nov 21, 2024Verified
Agents may have both contract and tort remedies available against a principal.
Contract Remedies
Legal solutions available to a party under a contract when the other party fails to perform as promised.
Tort Remedies
Legal solutions or compensations available to individuals who have suffered harm due to another's wrongful actions.
Agents
Individuals or entities authorized to act on behalf of another person or entity, known as the principal, in legal or business matters.
- Identify the legal ramifications for agents and principals who breach their duties.
Verified Answer
AM
Learning Objectives
- Identify the legal ramifications for agents and principals who breach their duties.