Obligations of the Agent and of the Principal

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1. What is the agent’s basic instruction-following duty under Article 1887? Multiple Choice Easy
2. May an agent validly obtain a blanket contractual exemption from rendering an account? Multiple Choice Easy
3. What must the principal generally do with obligations contracted by the agent within the agent’s authority? Multiple Choice Easy
4. An agent advances necessary execution funds, acts without fault, and the undertaking proves unsuccessful. May the princ… Multiple Choice Medium
5. An agent faces a conflict between the principal’s interests and the agent’s personal interests and prefers the latter, … Multiple Choice Medium
6. Two agents are appointed simultaneously. Their agreement does not expressly stipulate solidarity. One creditor asserts … Multiple Choice Hard
7. A principal’s written power shown to a third person authorizes a transaction. A secret private instruction between prin… Multiple Choice Hard
8. State the agent’s duties regarding instructions, conflicts and accounts. Essay Medium
9. Explain reimbursement of necessary advances made by a fault-free agent when the venture fails. Essay Medium
10. Distinguish an internal limitation from the written authority shown to a third person. Essay Medium
11. Under 1890, may an agent empowered to borrow be the lender at the stated current interest rate? Multiple Choice Easy
12. May an agent authorized to lend at interest borrow that money without principal consent under 1890? Multiple Choice Easy