Agent’s torts

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Updated: Aug 20, 2021

The principal is jointly and severally liable for his agent’s torts if the agent is acting in the normal course of his agency or on the instruction of his principal. The agent must indemnify the principal where the principal has not expressly or implicitly condoned the tort.

Reference: The Penguin Business Dictionary, 3rd edt.



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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.