Principals Can Rapidly Recover Compensation For Losses Caused Due to Negligence By Their Agents. No Long And Expensive Trials Necessary
This article discusses drafting solutions to enable principals to rapidly recover compensation from their agents for losses caused by the agent’s negligence. The article focuses on the importance of ensuring that the agency agreement defines the method of computing the compensation the agent would have to pay if he is found to be negligent. Keywords: Agency…
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