An agent is bound to render proper account to _______________ on demand?
Correct answer: B. His principal
- A. Sub-agent
- B. His principal
- C. Creditor
- D. None of the above
Explanation
Under section 213, an agent must keep and produce proper accounts of the principal's transactions on demand. The accounting duty is owed to the principal, not to a sub-agent or creditor.
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Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.
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