The Agent's Duty of Confidentiality Is a Duty That Prevents

question 50

Multiple Choice

The agent's duty of confidentiality is a duty that prevents the agent from:

• A)Ever disclosing to others information about the affairs of the principal or using for their own benefit information about the principal.
• B)Disclosing damaging information about the affairs of the principal.
• C)Ever using information about the principal for their own benefit.
• D)Disclosing to others or using for their own benefit information about the principal's

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Definitions:

Opportunity Cost

The advantages that a person, investor, or company forfeits when they opt for one option instead of another.

Outboard Motors

Engines mounted on the outside of the stern of a boat, used to propel the vessel through the water.

Opportunity Cost

The cost of forgone alternatives when one option is chosen over another.

Outboard Motors

Engine units mounted externally on the rear of a boat, providing propulsion through the water.