1. The agent shall adhere to the compulsory and express instructions of the principal. If he violates such instructions without an acceptable excuse, the agent may refuse the transaction. However, as for guidelines issued by the principal, the agent shall have the exclusive authority to act within the scope of the general objectives set by the principal for the agent. 2. Where no express instructions are dictated by the principal concerning the transaction, the agent shall delay its execution and request instructions from the principal, unless the delay in implementing the transaction may cause damage to the principal or unless the agent is authorized to act without instructions from the principal. 3. The agent may delegate a third party to implement the agency if he is so authorized by the principal.
Interpretation and application must be checked against the official text and current version.