Principals Can Rapidly Recover Compensation For Losses Caused Due to Negligence By Their Agents. No Long And Expensive Trials Necessary

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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…

Principals Must Be Compensated Quickly For Negligence By Their Agents/Agencies: Drafting Solutions For Rapid Contract Enforcement

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This article discusses solutions to enable rapid resolution of disputes between a principal and agent over how the agent has conducted the principal’s business. The article deals with solutions to ensure that an agent cannot use ambiguous clauses in agreements to escape liability for negligence or misconduct. Keywords: Agent, Principal, Agency Agreement, Standard Business Practices, Online…