(1) Except as otherwise
provided for in the contract, an agent shall comply with the
following matters:
(a) To act subject to the terms and conditions of the
contract of agency and the directions given by the
principal,
(b) In the absence of any terms and conditions in the
contract or any direction given by the principal, to do
the business of agency in good faith, with full diligence
and necessary care and skill, accordance to the nature
of the act and business assigned to him or her and the
laws and usages of the place of transaction,
Provided that if, at the time of the conclusion of
the contract, the principal was aware that the agent has
no efficiency or capacity in relation to any matter, the
agent shall not be liable for any loss or damage
resulting from such inefficiency or incapacity of him or
her.
(c) On the removal from an agent, not to do any act as
usual in the capacity of an agent on the same business.
(d) To render or show the details of accounts and records
of the agency business to the principal at the time of
demand,
(e) In the case of any obstruction, obstacle or difficulty
arising in the course of business of the agency, to
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notify the principal as soon as possible and obtain
necessary directions, and the principal shall be liable
for any act done according to the direction so given.
(2) If the principal suffers any loss or damage because of
the failure of the agent to perform his or her duties under clauses
(a), (b) and (c) of sub-section (1), the agent shall personally bear
such loss or damage.