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- Know the basic principles of an agency relationship.
- Identify the different duties principals and agents owe each other.
- Understand the consequences of legal liability for principals regarding an agent’s actions.
- 15.1: Introduction
- 15.2: The Agency Relationship
- 15.3: Duties of Agents and Principals
- 15.4: Liability to Third Parties
- 15.5: Termination of Agency Relationship
- 15.6: Concluding Thoughts