Question

According to general agency law, what is the difference between the level of service an agent provides to a client and the level of service he or she provides to a customer?

Answer 1

In general agency law, the level of service an agent provides to a client is different from the level of service provided to a customer. An agent owes a fiduciary duty to a client, which means they must act in the client's best interest and provide a higher standard of care.

Step-by-step explanation:

In general agency law, the level of service an agent provides to a client is different from the level of service provided to a customer. An agent owes a fiduciary duty to a client, which means they must act in the client's best interest and provide a higher standard of care. On the other hand, the level of service provided to a customer is typically lower, as there is no fiduciary duty involved. The agent may still provide assistance, but they are not bound by the same obligations as they are with a client.