AJ 010 Lecture Notes - Lecture 13: Moe Williams
Document Summary
The principal must also indemnify the agent for all the damages which the executive of the agency may have caused the latter, without fault or negligence on his part. The agent may retain in pledge the tings which are the object of the agency until the principal effects the reimbursement and pays the indemnity set forth in the two preceding articles. What happens when the principal fails to reimburse or indemnify the agent for expenses set forth in arts. The agent has the right to retain in pledge the things which are the object of the agency. It is not general in the sense that it gives the agent a right to retain the goods for claims disconnected with the agency. If two or more persons have appointed an agent for a common transaction or undertaking, they shall be solidarily liable to the agent for all the consequences of the agency.