New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    An agent who is guilty of misconduct in the business of

    the agency, is___________________
    A Is entitled to remuneration at the discretion of the principal Correct Answer Incorrect Answer
    B Is entitled to remuneration if the parties mutually agree for the same Correct Answer Incorrect Answer
    C Affecting only the principal's rights, not the agent's remuneration Correct Answer Incorrect Answer
    D Not entitled to any remuneration in respect of that part of the business which he has misconducted Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Contract Act,  Section 220. Agent not entitled to remuneration for business misconducted: An agent who is guilty of misconduct in the business of the agency, is not entitled to any remuneration in respect of that part of the business which he has misconducted.

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