87. Principal's claim for damages.

(iv)     Remedies for Default of Agent

87.     Principal's claim for damages.

Upon an agent's breach of duty the principal's remedy is, as a rule, to claim damages for breach of contract1, and the period of limitation2 runs in the agent's favour from the date of the breach3.

Where an agent is sued by his principal for breach of contract, the measure of damages is the measure recoverable under the general law of contract, which is the full amount of the loss actually sustained4, and no more5, provided that such loss is the natural and probable consequence6 of the breach