This section is from the book "Popular Law Library Vol3 Contracts Agency", by Albert H. Putney. Also see: Popular Law-Dictionary.
In addition to the exercise of reasonable skill, the agent should perform his duties with that degree of care, which the circumstances of the agency dictate. He should so endeavor to act with such care and diligence, as would reasonably protect his principal's interest; a failure to fulfill this part of his office would be negligence for which he must respond in damages to the principal. The agent must actively fulfill the requirements of the agency, and refrain from doing that which would be detrimental to the principal.4 Section 47. Degree of good Faith Required.
The agent having the interest of the principal in his keeping, must at all times manage his agency so as to protect the interests of his principal and to save to him all benefits arising under the agency. The personal interest of the agent must be put aside. It must never be allowed to conflict with that of the principal.5
2 Jett vs. Hempstead, 25 Ark., 462; Chicago Title & Trust Co., vs. Warr, 113 I11. App., 328.
3 Varnum vs. Martin, 15 Pick.
(Mass.), 440. 4 Long vs. Morrison, 14 Ind., 595.
The agent must secure for the principal if possible, what the principal most desires him to accomplish. The appointment was made to subserve the principal's interest, and the interest of the principal is paramount. The agent must not accept any gift or commission from the third party, this would be in violation of his duty of good faith.
 
Continue to: