The Duty of Loyalty of an Agent to a Principal

question 48

True/False

The duty of loyalty of an agent to a principal does not cover conflicts of interest.

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Definitions:

Foster Brother

A boy or man who is not one's biological brother but with whom one shares a parental guardian through a formal or informal foster care arrangement.

Adoptive Brother

A male sibling who has become part of a family through the process of adoption, establishing a legal and social relationship.

Ex-spouses

Individuals who were once married to each other but have since been legally divorced.

Remarriage

The practice of entering into a new marriage following the dissolution of a previous marriage through divorce or the passing away of a spouse.