What does the term "agent's duties" refer to?

The term "agent's duties" specifically refers to the responsibilities that an agent has towards their principal. In agency law, the agent is expected to act in the best interests of the principal, fulfilling various duties such as loyalty, obedience, disclosure, confidentiality, and accounting. These duties are fundamental to the relationship between an agent and their principal, ensuring that the agent acts with due care and diligence in carrying out their obligations.

Understanding the core responsibilities helps clarify the role of an agent in a transaction and the ethical standards they must maintain. This definition sets the groundwork for assessing whether an agent has fulfilled their obligations and acted appropriately within their legal capacity. Other options may touch on different aspects of the agent-principal relationship, but only the responsibilities of the agent directly align with the specific term "agent's duties."