https://www.taxtmi.com/manuals?id=5784 An agent can bind the principal and alter the principal's legal relations with third parties while remaining subject to a lesser degree of control than a servant; agency creates a fiduciary duty requiring the agent to account to the principal, entitles the agent to remuneration, and obliges the principal to indemnify and reimburse liabilities and expenses incurred in the reasonable performance of the agency. By contrast, a purchaser in a sale acquires title, and contractual restrictions do not by themselves convert a sale into an agency. en-us Tue, 19 Nov 2024 14:34:00 +0530 Fri, 13 Jun 2025 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5784 An agent can bind the principal and alter the principal's legal relations with third parties while remaining subject to a lesser degree of control than a servant; agency creates a fiduciary duty requiring the agent to account to the principal, entitles the agent to remuneration, and obliges the principal to indemnify and reimburse liabilities and expenses incurred in the reasonable performance of the agency. By contrast, a purchaser in a sale acquires title, and contractual restrictions do not by themselves convert a sale into an agency. Manuals Indian Laws Tue, 19 Nov 2024 14:34:00 +0530 https://www.taxtmi.com/manuals?id=5784