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State of , and Having Its Principal Place of Business at Form

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State of , and Having Its Principal Place of Business at Form

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we'll begin by considering the duties and obligations owed by the agent to the principal first the most obvious of an agent's duties are the contractual obligations that the parties agreed upon when the agency relationship was created the natural corollary of that is that the agent is also obligated not to act in ways that were not authorized under the agency agreement next we'll consider the fiduciary duties that are implied by law in any agency relationship absent some agreements of the contrary an agent owes a fiduciary duty of loyalty to his or her principle in all things related to the agency quite simply this means that the agent must always be on the principal's side and act for the principal's benefit this duty carries with it a number of obligations you

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