What rights do principals have against their agents?

Principals have the right to hold agents accountable for breaches of duty because agents owe certain fiduciary duties to their principals. This includes the duty of loyalty, the duty of care, and the duty to act in the best interests of the principal. If an agent fails to fulfill these duties—such as by acting in self-interest, failing to provide the necessary attention to the principal's affairs, or disclosing confidential information—the principal has the right to seek remedies for that breach. Remedies can include seeking damages, demanding accountings of profits made by the breach, or terminating the agency relationship.

The other options do not accurately reflect the rights of principals in an agency relationship. For instance, principals can't unilaterally demand salary increases at any time, as compensation should be outlined in the agency agreement. While they have the right to terminate agency relationships, the termination is typically influenced by contractual obligations or the cause defined in the agreement, rather than being entirely without cause. Finally, while principals can engage with other agents, they don't have a right to solicit business from other agents as it might infringe on existing agreements or contractual obligations.