Answered>Order 8694

I will pay for the following essay Agents & Principals. The essay is to be 1 pages with three to five sources, with in-text citations and a reference page.

Principals employ agents to buy or sell their property on their behalf while making numerous transactions in their absence. This aspect that is seconded by Rush and Ottley (2006) introduces some of the roles that agents have to play. They identify the as being competent and trustworthy, duties that are often set at the time of making the terms of a contract between an agent and the principal. Miller and Jentz (2007) highlight the duties of agents as having a responsibility in performance, loyalty, obedience, notification and accounting. This aspect is still furthered by Gaines, Crawford and Coleman (2003) who in their book noted that agents have a role to use their skill, concern and care in any transaction that they make.

On the other hand, principals have duties that they are also delegated. They are responsible for cooperation with their agents and to assist them where necessary. Additionally, they are supposed to check on reimbursement and indemnification in cases where agents themselves chipped in and used their money to accomplishing principals’ request, Miller and Jentz (2007). In conclusion, it is the duty of a principal to provide secure working conditions in terms of offering good equipment and premises for their