Asked by
Vincent Gallo
on Nov 10, 2024
Verified
An agent owes a fiduciary duty to act in the best interests of the principal and the third party.
Fiduciary Duty
An obligation to act in the best interest of another party, such as that of a trustee towards a beneficiary.
- Realize the importance of fiduciary tasks and the demand for agents to give precedence to the principals' interests.
Verified Answer
CD
Learning Objectives
- Realize the importance of fiduciary tasks and the demand for agents to give precedence to the principals' interests.
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