Following are the important rights of an agent;
1. Right of Lien: An agent has a right to retain possession of goods until he has been paid.
2. Right of Stoppage of Transit: The agent has a right to stop the goods in transit before they get to the principal.
3. Right to Receive Remunerationmoney paid or financial compensation for work or a service. More or Commission: The agent has a right to receive his remuneration from the principal.
4. Right of Reimbursement of Expenses: He is to be reimbursed for all the expenses incurred on behalf of the principal.
5. Right of IndemnifyIn the indemnity clause, one party commits to compensate another party for any prospective loss or damage. More: The agent will be compensated for losses arising in the course of his work.
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