An Agent Has a Fiduciary Duty to Exercise Their Duties

question 67

Multiple Choice

An agent has a fiduciary duty to exercise their duties in a way that:

• A)is not contrary to the interests of the principal.
• B)is mutually advantageous.
• C)puts the interests of the principal beyond all other considerations.
• D)promotes the interests of the principal amongst third parties however possible.

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Definitions:

Argument Making

The process of constructing reasons, supported by evidence, to persuade others or to explain why a particular conclusion is valid.

Application Condition

Specific circumstances or requirements that must be met for a principle, law, or procedure to be applied.

Acceptance Condition

The circumstances or criteria that must be met for a proposal, hypothesis, or solution to be considered satisfactory or acceptable.

Premises

Statements or propositions from which conclusions are drawn or reasoned.