A Subagent Owes a Fiduciary Duty to Only the Principal

question 55

True/False

A subagent owes a fiduciary duty to only the principal.

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Definitions:

Electronic Documents

Digitally formatted documents, including texts, images, or data, stored and transmitted via electronic devices and software.

Signature Equivalent

A method or form that serves the same legal purpose as a handwritten signature, such as a digital signature.

Jurisdiction

Jurisdiction refers to the official power to make legal decisions and judgments, often within a specific geographical area or over certain types of cases.

Enforceable

Capable of being imposed or brought into effect legally, often referring to contracts or laws that can be executed through a legal process.