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An agent is bound to inform a client of all facts regarding the client's transaction. this includes both the facts that the agent knows and those that the agent should have known.
Any person who has been given authorization to act on someone else's behalf, in a number of capacities, is referred to as an agent. This could entail carrying out a will, selling a home, managing a sporting or acting career, serving as a company agent, etc. A representative, such as an attorney or a stockbroker, is authorized to act on behalf of another person.
Attorneys, who represent their customers in legal proceedings, and stockbrokers, who are employed by investors to make financial decisions, are two popular sorts of agents. In these cases, the agent's client is referred to as the principle.
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