Due No Due Date

Points $30$

Submitting $$n external tool

Why must an agent notify the agent's principal of matters that would be of importance to the principal?

The principal may be held liable for information given to the agent as if the information had been given to the principal.

The agent cannot make decisions without the principal's approval, so the agent must keep the principal informed.

An agent must make a daily accounting to the principal to prevent fraudulent behavior.

A principal must indemnify the agent and cannot do so without a proper accounting.