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Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 5: Agency agreements

    • Title 3: Performance of agency agreement

      • Chapter 1: Obligations of the parties

        • Section 2: Obligations of principal

          • I: Obligation of loyalty and cooperation

          • II: Pecuniary obligations

            • A: Reimbursement of agent's expenses and advances

            • B: Payment of agent

            • C: Compensation of loss sustained by agent

            • D: Joint liability of co-principals

493. Compensation of loss sustained by agent

1 minute de lecture

Article 2000 of the Civil Code stipulates that “the principal must also compensate the agent for losses incurred in the course of his management, in the absence of carelessness attributable to him”. In the absence of any precise definition of the type of losses that can be compensated under Article 2000, case law recognizes the agent's broad right to compensation for any type of harm suffered in t …

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