WAEC Commerce 2023 Question 35

Question 35

Law of Agency

A duty of the principal to his agent is to

  1. A.stop the sale of good in transit
  2. B.renegotiate agreements made by the agent
  3. C.pay the agent for services rendered.
  4. D.disclose confidential information.
Show the answer and explanation

Answer: C (pay the agent for services rendered.)

Explanation

A principal must pay the agent the agreed commission or remuneration and reimburse his expenses.