Can an agent also be a principal in a transaction?

An agent can indeed also be a principal in a transaction, provided there is full disclosure to all parties involved. This means that the agent must inform the other parties that they are acting in two capacities—both as the agent representing someone else and as a principal with their own interests in the transaction. Full disclosure is crucial in these situations to ensure transparency and maintain trust among all parties involved. By clearly communicating their dual role, the agent helps to avoid conflicts of interest and protects the interests of everyone involved in the transaction.

The other responses suggest various restrictions or outright prohibitions that do not align with the principle of agency. While it is important to maintain ethical standards and possibly obtain consent in specific situations, the foundational requirement is accurate and complete disclosure of the agent's role. This transparency allows for informed decision-making by all parties and ensures that the transaction is conducted fairly.