An Agent Automatically Owes a Fiduciary Duty to His Principal

question 14

True/False

An agent automatically owes a fiduciary duty to his principal.

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Definitions:

Critical Race Theory

An intellectual movement and framework that examines society and culture as they relate to categorizations of race, law, and power, aiming to reveal and challenge the systemic racism pervasive in legal systems and other societal structures.

Endemic

Refers to a disease or condition regularly found and restricted to a certain area, population, or field.

Neutrality

The state of not supporting or helping either side in a conflict or disagreement; impartiality.

Power

The capability to guide or affect the actions of people or the direction of happenings.