what an agent does an agent owe to a principal? What duties does a principal owe to 2. Andy, an agent for Peter, signs three separate contracts while conducting business for Peter as follows: a. Andy . Andy, agent Andy agent for Peter Who is liable on each contract and why? 3. Identify four ways that the parties can terminate an agency relationship. 4. Delco Inc. buys all the assets of Char Corp. Under what four circumstances will the court determine that Deico is liable for all Char's liabilities as well