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• To act in accordance with the instructions of the principal and in default thereof to do all
the good father of a family would do
• Not to carry out the agency if its execution would manifest a result in the loss or damage
to the principal
• To answer for damages if there being a conflict between his interest and the principal , he
should prefer his own
• Not to loan to himself if he has been authorized to lend money at interest
SPECIFIC OBLIGATION OF THE AGENT TO THE PRINCIPAL
• To render an account of his transaction and to deliver to the principal whatever he may
receive by virtue of the agency
• To be responsible in certain cases for the acts of the substitute appointed by him
• To inform the principal where an unauthorized sale of credit has been made of such sale
• To bear the risk of collection should he receive on a sale a guarantee commission
SPECIFIC OBLIGATION OF THE AGENT TO THE PRINCIPAL
ILLUSTRATIVE CASES
( REIGER VS CAMPBELL-STUART)
HECTOR DE LEON