WAEC Commerce 2006 Question 29

Question 29

Law of Agency

Which of the following is not the duty of an agent to the principal?

  1. A.Acting in good faith
  2. B.Rendering accurate account
  3. C.Disclosing all profits made
  4. D.Making secret profit
Show the answer and explanation

Answer: D (Making secret profit)

Explanation

An agent must not make secret profits.