Explain the duties of an agent to his principal.

• Performance: discharge of the undertaking as agreed.
• Obedience: acting in accordance with the principals instructions or authority.
Accountability: explain application of money or assets coming into his hands.
• Care and skill: exhibit a degree of care and skill appropriate to the circumstances.
• Personal performance or non delegation: must perform the undertaking personally.
• Estoppel: must respect the principals title.
Bona fide: act in good faith for the benefit of the principal
• Disclosure: must disclose personal interest to avoid any conflict of interest.
• Confidentiality: must not disclose his dealings with the principal to third parties.
Separate accounts: must maintain separate accounts of his assets and those of the principal.
• Keep the principal informed of his dealings with third parties



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